2011 HTG to BTN Historical Review

YEARLY HIGH

1.3293 BTN

YEARLY LOW

1.0781 BTN

YEARLY AVERAGE

1.1488 BTN

2011 HTG to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the HTG to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 1.3293. Conversely, the yearly low was recorded on April 10, dropping to 1.0781.

This high-to-low spread represents a total annual volatility of 0.2512 BTN. From a start-to-finish perspective, comparing the January average rate of 1.1278 to the December average rate of 1.2970, the exchange rate registered a net change of 15.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.3293 was up 12.28% compared to the 2010 peak of 1.1839, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,646 BTN

2010 Average 5,689 BTN

Yearly Trough Low 5,390 BTN

Transaction Impact: A difference of 1,255.97 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.3175

1.0718

JanuMarcMayJulySeptNove

HTG 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 1.1076, compared to 1.1900 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0824 points.

H1 Avg (Jan–Jun) 1.1076

H2 Avg (Jul–Dec) 1.1900

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 0.0997 BTN (High: 1.2993 / Low: 1.1997). On the other end, March was the most stable month, with a tight range of 0.0204 BTN (High: 1.1120 / Low: 1.0915).

November Spread (Volatile) ±0.0997

March Spread (Stable) ±0.0204

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 March and April, when the average rate fell by 0.0132 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0132

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 1.2970) against the same month in 2010 (average: 1.1214), the exchange rate shifted by +0.1757 (+15.67%).

2011 Avg (December) 1.2970

2010 Avg (December) 1.1214

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1390	1.1099	1.1278
February	1.1255	1.1005	1.1149
March	1.1120	1.0915	1.1054
April	1.1040	1.0781	1.0922
May	1.1210	1.0859	1.1027
June	1.1159	1.0937	1.1028
July	1.1075	1.0841	1.0945
August	1.1390	1.0798	1.1179
September	1.2213	1.1245	1.1708
October	1.2292	1.1933	1.2088
November	1.2993	1.1997	1.2510
December	1.3293	1.2587	1.2970