2011 BTN to SHP Historical Review

YEARLY HIGH

0.0144 SHP

YEARLY LOW

0.0120 SHP

YEARLY AVERAGE

0.0134 SHP

2011 BTN to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BTN to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0144. Conversely, the yearly low was recorded on December 15, dropping to 0.0120.

This high-to-low spread represents a total annual volatility of 0.0024 SHP. From a start-to-finish perspective, comparing the January average rate of 0.0140 to the December average rate of 0.0122, the exchange rate registered a net change of -12.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0144 was down 5.31% compared to the 2010 peak of 0.0153, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BTN based on timing:

Yearly Peak High 72 SHP

2010 Average 71 SHP

Yearly Trough Low 60 SHP

Transaction Impact: A difference of 12.15 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0141

0.0120

JanuMarcMayJulySeptNove

BTN to SHP Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0138, compared to 0.0131 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0138

H2 Avg (Jul–Dec) 0.0131

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0008 SHP (High: 0.0144 / Low: 0.0136). On the other end, February was the most stable month, with a tight range of 0.0002 SHP (High: 0.0137 / Low: 0.0135).

January Spread (Volatile) ±0.0008

February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.0140) against the same month in 2010 (average: 0.0135), the exchange rate shifted by +0.0005 (+3.72%).

2011 Avg (January) 0.0140

2010 Avg (January) 0.0135

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0144	0.0136	0.0140
February	0.0137	0.0135	0.0136
March	0.0140	0.0136	0.0138
April	0.0140	0.0135	0.0138
May	0.0137	0.0134	0.0136
June	0.0140	0.0136	0.0138
July	0.0141	0.0138	0.0140
August	0.0139	0.0132	0.0135
September	0.0136	0.0130	0.0133
October	0.0132	0.0125	0.0129
November	0.0127	0.0122	0.0125
December	0.0125	0.0120	0.0122