2011 CDF to BWP Historical Review

YEARLY HIGH

0.0085 BWP

YEARLY LOW

0.0070 BWP

YEARLY AVERAGE

0.0075 BWP

2011 CDF to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the CDF to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.0085. Conversely, the yearly low was recorded on May 4, dropping to 0.0070.

This high-to-low spread represents a total annual volatility of 0.0015 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0073 to the December average rate of 0.0083, the exchange rate registered a net change of 13.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0085 was up 1.51% compared to the 2010 peak of 0.0084, 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 43 BWP

2010 Average 38 BWP

Yearly Trough Low 35 BWP

Transaction Impact: A difference of 7.69 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0084

0.0070

JanuMarcMayJulySeptNove

CDF to BWP 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 0.0073, compared to 0.0078 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0073

H2 Avg (Jul–Dec) 0.0078

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0010 BWP (High: 0.0083 / Low: 0.0073). On the other end, March was the most stable month, with a tight range of 0.0001 BWP (High: 0.0073 / Low: 0.0072).

September Spread (Volatile) ±0.0010

March Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0002 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.0083) against the same month in 2010 (average: 0.0073), the exchange rate shifted by +0.0010 (+13.28%).

2011 Avg (December) 0.0083

2010 Avg (December) 0.0073

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0074	0.0071	0.0073
February	0.0075	0.0073	0.0074
March	0.0073	0.0072	0.0073
April	0.0072	0.0070	0.0071
May	0.0074	0.0070	0.0072
June	0.0073	0.0071	0.0072
July	0.0073	0.0070	0.0072
August	0.0076	0.0071	0.0074
September	0.0083	0.0073	0.0077
October	0.0082	0.0078	0.0080
November	0.0085	0.0080	0.0082
December	0.0085	0.0082	0.0083