2011 GMD to BTN Historical Review

YEARLY HIGH

1.8636 BTN

YEARLY LOW

1.5502 BTN

YEARLY AVERAGE

1.6546 BTN

2011 GMD to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GMD to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 1.8636. Conversely, the yearly low was recorded on August 1, dropping to 1.5502.

This high-to-low spread represents a total annual volatility of 0.3134 BTN. From a start-to-finish perspective, comparing the January average rate of 1.6380 to the December average rate of 1.8124, the exchange rate registered a net change of 10.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.8636 was up 4.59% compared to the 2010 peak of 1.7819, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,318 BTN

2010 Average 8,285 BTN

Yearly Trough Low 7,751 BTN

Transaction Impact: A difference of 1,567.01 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.8334

1.5818

JanuMarcMayJulySeptNove

GMD to BTN 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 1.6236, compared to 1.6855 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0620 points.

H1 Avg (Jan–Jun) 1.6236

H2 Avg (Jul–Dec) 1.6855

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 0.1765 BTN (High: 1.8201 / Low: 1.6436). On the other end, February was the most stable month, with a tight range of 0.0631 BTN (High: 1.6612 / Low: 1.5981).

November Spread (Volatile) ±0.1765

February Spread (Stable) ±0.0631

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 June and July, when the average rate fell by 0.0229 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0229

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 1.8124) against the same month in 2010 (average: 1.6295), the exchange rate shifted by +0.1829 (+11.22%).

2011 Avg (December) 1.8124

2010 Avg (December) 1.6295

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6928	1.6062	1.6380
February	1.6612	1.5981	1.6193
March	1.6798	1.5903	1.6267
April	1.6611	1.5846	1.6115
May	1.6624	1.5814	1.6201
June	1.6995	1.5652	1.6257
July	1.6796	1.5554	1.6027
August	1.6665	1.5502	1.6312
September	1.6676	1.5963	1.6326
October	1.7576	1.6285	1.6960
November	1.8201	1.6436	1.7383
December	1.8636	1.7304	1.8124