2011 GIP to BND Historical Review

YEARLY HIGH

2.0733 BND

YEARLY LOW

1.9312 BND

YEARLY AVERAGE

2.0149 BND

2011 GIP to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GIP to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 2.0733. Conversely, the yearly low was recorded on September 7, dropping to 1.9312.

This high-to-low spread represents a total annual volatility of 0.1421 BND. From a start-to-finish perspective, comparing the January average rate of 2.0292 to the December average rate of 2.0222, the exchange rate registered a net change of -0.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.0733 was down 9.20% compared to the 2010 peak of 2.2832, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,366 BND

2010 Average 10,533 BND

Yearly Trough Low 9,656 BND

Transaction Impact: A difference of 710.36 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.0671

1.9528

JanuMarcMayJulySeptNove

GIP to BND 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 2.0337, compared to 1.9961 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0376 points.

H1 Avg (Jan–Jun) 2.0337

H2 Avg (Jul–Dec) 1.9961

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0680 BND (High: 2.0589 / Low: 1.9909). On the other end, February was the most stable month, with a tight range of 0.0262 BND (High: 2.0718 / Low: 2.0456).

January Spread (Volatile) ±0.0680

February Spread (Stable) ±0.0262

Growth Streaks & Declines

Trends

Between September and November, 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 June and July, when the average rate fell by 0.0394 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0394

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2011: 2.0482) against the same month in 2010 (average: 2.1062), the exchange rate shifted by -0.0580 (-2.76%).

2011 Avg (March) 2.0482

2010 Avg (March) 2.1062

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0589	1.9909	2.0292
February	2.0718	2.0456	2.0575
March	2.0733	2.0162	2.0482
April	2.0580	2.0264	2.0418
May	2.0417	2.0058	2.0238
June	2.0257	1.9670	2.0017
July	1.9826	1.9445	1.9623
August	2.0083	1.9541	1.9783
September	1.9948	1.9312	1.9645
October	2.0285	1.9814	2.0104
November	2.0548	2.0110	2.0386
December	2.0358	2.0019	2.0222