2011 GNF to BIF Historical Review

YEARLY HIGH

0.1923 BIF

YEARLY LOW

0.1473 BIF

YEARLY AVERAGE

0.1752 BIF

2011 GNF to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GNF to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 6, valuing the pair at 0.1923. Conversely, the yearly low was recorded on February 6, dropping to 0.1473.

This high-to-low spread represents a total annual volatility of 0.0450 BIF. From a start-to-finish perspective, comparing the January average rate of 0.1573 to the December average rate of 0.1860, the exchange rate registered a net change of 18.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1923 was down 16.46% compared to the 2010 peak of 0.2302, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 962 BIF

2010 Average 1,037 BIF

Yearly Trough Low 737 BIF

Transaction Impact: A difference of 224.98 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1893

0.1512

JanuMarcMayJulySeptNove

GNF to BIF 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 0.1667, compared to 0.1837 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0170 points.

H1 Avg (Jan–Jun) 0.1667

H2 Avg (Jul–Dec) 0.1837

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.0165 BIF (High: 0.1856 / Low: 0.1691). On the other end, July was the most stable month, with a tight range of 0.0030 BIF (High: 0.1854 / Low: 0.1824).

May Spread (Volatile) ±0.0165

July Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between February and July, 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 September and October, when the average rate fell by 0.0041 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 0.1862) against the same month in 2010 (average: 0.1938), the exchange rate shifted by -0.0076 (-3.95%).

2011 Avg (September) 0.1862

2010 Avg (September) 0.1938

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1640	0.1492	0.1573
February	0.1572	0.1473	0.1544
March	0.1621	0.1492	0.1594
April	0.1746	0.1600	0.1722
May	0.1856	0.1691	0.1736
June	0.1855	0.1822	0.1834
July	0.1854	0.1824	0.1835
August	0.1867	0.1751	0.1828
September	0.1923	0.1807	0.1862
October	0.1863	0.1788	0.1821
November	0.1854	0.1798	0.1820
December	0.1913	0.1809	0.1860