2011 BTN to ZAR Historical Review

YEARLY HIGH

0.1691 ZAR

YEARLY LOW

0.1477 ZAR

YEARLY AVERAGE

0.1555 ZAR

2011 BTN to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BTN to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.1691. Conversely, the yearly low was recorded on January 4, dropping to 0.1477.

This high-to-low spread represents a total annual volatility of 0.0213 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1526 to the December average rate of 0.1560, the exchange rate registered a net change of 2.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1691 was down 0.06% compared to the 2010 peak of 0.1692, 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 845 ZAR

2010 Average 801 ZAR

Yearly Trough Low 739 ZAR

Transaction Impact: A difference of 106.73 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1625

0.1504

JanuMarcMayJulySeptNove

BTN to ZAR 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 0.1534, compared to 0.1576 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 0.1534

H2 Avg (Jul–Dec) 0.1576

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0157 ZAR (High: 0.1691 / Low: 0.1534). On the other end, June was the most stable month, with a tight range of 0.0032 ZAR (High: 0.1532 / Low: 0.1500).

September Spread (Volatile) ±0.0157

June Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0047 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 0.1587) against the same month in 2010 (average: 0.1551), the exchange rate shifted by +0.0036 (+2.33%).

2011 Avg (September) 0.1587

2010 Avg (September) 0.1551

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1564	0.1477	0.1526
February	0.1606	0.1538	0.1581
March	0.1571	0.1521	0.1538
April	0.1545	0.1487	0.1514
May	0.1558	0.1487	0.1528
June	0.1532	0.1500	0.1515
July	0.1569	0.1508	0.1528
August	0.1607	0.1518	0.1563
September	0.1691	0.1534	0.1587
October	0.1680	0.1555	0.1615
November	0.1653	0.1557	0.1606
December	0.1589	0.1524	0.1560