2011 CDF to BAM Historical Review

YEARLY HIGH

0.0017 BAM

YEARLY LOW

0.0014 BAM

YEARLY AVERAGE

0.0015 BAM

2011 CDF to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the CDF to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.0017. Conversely, the yearly low was recorded on May 4, dropping to 0.0014.

This high-to-low spread represents a total annual volatility of 0.0002 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0016 to the December average rate of 0.0016, the exchange rate registered a net change of 1.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0017 was down 8.48% compared to the 2010 peak of 0.0018, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8 BAM

2010 Average 8 BAM

Yearly Trough Low 7 BAM

Transaction Impact: A difference of 1.17 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0017

0.0015

JanuMarcMayJulySeptNove

CDF to BAM 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 0.0015, compared to 0.0016 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0015

H2 Avg (Jul–Dec) 0.0016

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0001 BAM (High: 0.0016 / Low: 0.0015). On the other end, March was the most stable month, with a tight range of 0.0000 BAM (High: 0.0015 / Low: 0.0015).

October Spread (Volatile) ±0.0001

March Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between August and December, 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 January and February, when the average rate fell by 0.0000 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.0016) against the same month in 2010 (average: 0.0016), the exchange rate shifted by -0.0000 (-0.30%).

2011 Avg (December) 0.0016

2010 Avg (December) 0.0016

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0017	0.0016	0.0016
February	0.0016	0.0015	0.0016
March	0.0015	0.0015	0.0015
April	0.0015	0.0014	0.0015
May	0.0015	0.0014	0.0015
June	0.0015	0.0015	0.0015
July	0.0015	0.0015	0.0015
August	0.0015	0.0015	0.0015
September	0.0016	0.0015	0.0016
October	0.0016	0.0015	0.0016
November	0.0016	0.0016	0.0016
December	0.0017	0.0016	0.0016