2011 HNL to BAM Historical Review

YEARLY HIGH

0.0801 BAM

YEARLY LOW

0.0697 BAM

YEARLY AVERAGE

0.0744 BAM

2011 HNL to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the HNL to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0801. Conversely, the yearly low was recorded on May 4, dropping to 0.0697.

This high-to-low spread represents a total annual volatility of 0.0104 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0774 to the December average rate of 0.0784, the exchange rate registered a net change of 1.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0801 was down 7.51% compared to the 2010 peak of 0.0866, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 400 BAM

2010 Average 391 BAM

Yearly Trough Low 348 BAM

Transaction Impact: A difference of 52.07 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0790

0.0710

JanuMarcMayJulySeptNove

HNL 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 0.0738, compared to 0.0751 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0738

H2 Avg (Jul–Dec) 0.0751

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0053 BAM (High: 0.0782 / Low: 0.0729). On the other end, August was the most stable month, with a tight range of 0.0019 BAM (High: 0.0736 / Low: 0.0717).

October Spread (Volatile) ±0.0053

August Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0023 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.0774) against the same month in 2010 (average: 0.0726), the exchange rate shifted by +0.0049 (+6.74%).

2011 Avg (January) 0.0774

2010 Avg (January) 0.0726

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0801	0.0755	0.0774
February	0.0769	0.0750	0.0758
March	0.0749	0.0728	0.0739
April	0.0730	0.0698	0.0716
May	0.0738	0.0697	0.0722
June	0.0732	0.0706	0.0719
July	0.0740	0.0714	0.0725
August	0.0736	0.0717	0.0726
September	0.0770	0.0724	0.0753
October	0.0782	0.0729	0.0754
November	0.0783	0.0748	0.0762
December	0.0799	0.0764	0.0784