2011 BZD to TOP Historical Review

YEARLY HIGH

0.9494 TOP

YEARLY LOW

0.8072 TOP

YEARLY AVERAGE

0.8827 TOP

2011 BZD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BZD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.9494. Conversely, the yearly low was recorded on August 4, dropping to 0.8072.

This high-to-low spread represents a total annual volatility of 0.1421 TOP. From a start-to-finish perspective, comparing the January average rate of 0.9361 to the December average rate of 0.8711, the exchange rate registered a net change of -6.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.9494 was down 7.25% compared to the 2010 peak of 1.0236, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,747 TOP

2010 Average 4,846 TOP

Yearly Trough Low 4,036 TOP

Transaction Impact: A difference of 710.72 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.9474

0.8129

JanuMarcMayJulySeptNove

BZD 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 0.9144, compared to 0.8510 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0634 points.

H1 Avg (Jan–Jun) 0.9144

H2 Avg (Jul–Dec) 0.8510

Volatility Range Comparison

Volatility

The most volatile month in 2011 was July, with a trading range of 0.0617 TOP (High: 0.8713 / Low: 0.8095). On the other end, February was the most stable month, with a tight range of 0.0020 TOP (High: 0.9344 / Low: 0.9324).

July Spread (Volatile) ±0.0617

February Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between August and October, 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 0.0324 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0324

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.9361) against the same month in 2010 (average: 0.9566), the exchange rate shifted by -0.0205 (-2.14%).

2011 Avg (January) 0.9361

2010 Avg (January) 0.9566

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9494	0.9326	0.9361
February	0.9344	0.9324	0.9328
March	0.9375	0.9272	0.9337
April	0.9407	0.8919	0.9204
May	0.8939	0.8819	0.8880
June	0.8837	0.8636	0.8755
July	0.8713	0.8095	0.8471
August	0.8345	0.8072	0.8241
September	0.8725	0.8179	0.8446
October	0.8795	0.8458	0.8604
November	0.8951	0.8447	0.8586
December	0.8800	0.8578	0.8711