2011 HNL to BWP Historical Review

YEARLY HIGH

0.4073 BWP

YEARLY LOW

0.3361 BWP

YEARLY AVERAGE

0.3627 BWP

2011 HNL to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the HNL to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.4073. Conversely, the yearly low was recorded on May 1, dropping to 0.3361.

This high-to-low spread represents a total annual volatility of 0.0712 BWP. From a start-to-finish perspective, comparing the January average rate of 0.3511 to the December average rate of 0.3964, the exchange rate registered a net change of 12.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.4073 was up 4.85% compared to the 2010 peak of 0.3885, 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 2,037 BWP

2010 Average 1,802 BWP

Yearly Trough Low 1,680 BWP

Transaction Impact: A difference of 356.15 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.4018

0.3371

JanuMarcMayJulySeptNove

HNL 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 0.3494, compared to 0.3759 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0266 points.

H1 Avg (Jan–Jun) 0.3494

H2 Avg (Jul–Dec) 0.3759

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0435 BWP (High: 0.3993 / Low: 0.3558). On the other end, June was the most stable month, with a tight range of 0.0080 BWP (High: 0.3509 / Low: 0.3429).

September Spread (Volatile) ±0.0435

June Spread (Stable) ±0.0080

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 February and March, when the average rate fell by 0.0083 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0083

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 0.3939) against the same month in 2010 (average: 0.3499), the exchange rate shifted by +0.0440 (+12.58%).

2011 Avg (November) 0.3939

2010 Avg (November) 0.3499

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3580	0.3410	0.3511
February	0.3637	0.3518	0.3587
March	0.3546	0.3459	0.3503
April	0.3484	0.3361	0.3425
May	0.3553	0.3361	0.3472
June	0.3509	0.3429	0.3465
July	0.3546	0.3421	0.3473
August	0.3660	0.3444	0.3580
September	0.3993	0.3558	0.3739
October	0.4002	0.3754	0.3861
November	0.4073	0.3839	0.3939
December	0.4036	0.3900	0.3964