2011 BWP to TOP Historical Review

YEARLY HIGH

0.2897 TOP

YEARLY LOW

0.2234 TOP

YEARLY AVERAGE

0.2570 TOP

2011 BWP to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BWP to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.2897. Conversely, the yearly low was recorded on December 14, dropping to 0.2234.

This high-to-low spread represents a total annual volatility of 0.0663 TOP. From a start-to-finish perspective, comparing the January average rate of 0.2802 to the December average rate of 0.2310, the exchange rate registered a net change of -17.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.2897 was down 1.79% compared to the 2010 peak of 0.2950, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,449 TOP

2010 Average 1,413 TOP

Yearly Trough Low 1,117 TOP

Transaction Impact: A difference of 331.50 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.2881

0.2239

JanuMarcMayJulySeptNove

BWP to TOP 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 0.2751, compared to 0.2389 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0363 points.

H1 Avg (Jan–Jun) 0.2751

H2 Avg (Jul–Dec) 0.2389

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0202 TOP (High: 0.2463 / Low: 0.2261). On the other end, June was the most stable month, with a tight range of 0.0085 TOP (High: 0.2689 / Low: 0.2604).

September Spread (Volatile) ±0.0202

June Spread (Stable) ±0.0085

Growth Streaks & Declines

Trends

Between February and April, 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 April and May, when the average rate fell by 0.0139 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0139

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 0.2827) against the same month in 2010 (average: 0.2831), the exchange rate shifted by -0.0004 (-0.14%).

2011 Avg (April) 0.2827

2010 Avg (April) 0.2831

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2894	0.2736	0.2802
February	0.2787	0.2693	0.2733
March	0.2838	0.2748	0.2801
April	0.2897	0.2747	0.2827
May	0.2797	0.2618	0.2689
June	0.2689	0.2604	0.2656
July	0.2641	0.2469	0.2567
August	0.2480	0.2371	0.2432
September	0.2463	0.2261	0.2384
October	0.2416	0.2274	0.2346
November	0.2358	0.2242	0.2292
December	0.2340	0.2234	0.2310