2011 LTL to BTN Historical Review

YEARLY HIGH

20.4453 BTN

YEARLY LOW

16.9325 BTN

YEARLY AVERAGE

18.7781 BTN

2011 LTL to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the LTL to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 20.4453. Conversely, the yearly low was recorded on January 11, dropping to 16.9325.

This high-to-low spread represents a total annual volatility of 3.5129 BTN. From a start-to-finish perspective, comparing the January average rate of 17.5787 to the December average rate of 20.0185, the exchange rate registered a net change of 13.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 20.4453 was up 5.63% compared to the 2010 peak of 19.3554, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 102,227 BTN

2010 Average 87,752 BTN

Yearly Trough Low 84,662 BTN

Transaction Impact: A difference of 17,564.34 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

20.2625

17.3348

JanuMarcMayJulySeptNove

LTL 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 18.2811, compared to 19.2751 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9940 points.

H1 Avg (Jan–Jun) 18.2811

H2 Avg (Jul–Dec) 19.2751

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 1.3920 BTN (High: 20.2491 / Low: 18.8570). On the other end, December was the most stable month, with a tight range of 0.4382 BTN (High: 20.2548 / Low: 19.8166).

October Spread (Volatile) ±1.3920

December Spread (Stable) ±0.4382

Growth Streaks & Declines

Trends

Between January and June, 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 0.3198 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.3198

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 19.9112) against the same month in 2010 (average: 17.7935), the exchange rate shifted by +2.1176 (+11.90%).

2011 Avg (November) 19.9112

2010 Avg (November) 17.7935

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.2411	16.9325	17.5787
February	18.2248	17.7120	17.9575
March	18.4972	17.9830	18.2270
April	19.0436	18.2156	18.5801
May	19.2646	18.3693	18.6665
June	18.9548	18.3234	18.6769
July	18.7034	18.0910	18.3571
August	19.2986	18.1796	18.8374
September	19.3119	18.6648	18.9671
October	20.2491	18.8570	19.5595
November	20.4453	19.4353	19.9112
December	20.2548	19.8166	20.0185