2011 PEN to BAM Historical Review

YEARLY HIGH

0.5618 BAM

YEARLY LOW

0.4642 BAM

YEARLY AVERAGE

0.5111 BAM

2011 PEN to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the PEN to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.5618. Conversely, the yearly low was recorded on May 2, dropping to 0.4642.

This high-to-low spread represents a total annual volatility of 0.0975 BAM. From a start-to-finish perspective, comparing the January average rate of 0.5254 to the December average rate of 0.5507, the exchange rate registered a net change of 4.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.5618 was up 3.04% compared to the 2010 peak of 0.5452, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,809 BAM

2010 Average 2,461 BAM

Yearly Trough Low 2,321 BAM

Transaction Impact: A difference of 487.68 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.5576

0.4743

JanuMarcMayJulySeptNove

PEN 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 0.5018, compared to 0.5205 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0186 points.

H1 Avg (Jan–Jun) 0.5018

H2 Avg (Jul–Dec) 0.5205

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.0421 BAM (High: 0.5063 / Low: 0.4642). On the other end, August was the most stable month, with a tight range of 0.0094 BAM (High: 0.5034 / Low: 0.4940).

May Spread (Volatile) ±0.0421

August Spread (Stable) ±0.0094

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0219 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0219

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.5507) against the same month in 2010 (average: 0.4930), the exchange rate shifted by +0.0577 (+11.71%).

2011 Avg (December) 0.5507

2010 Avg (December) 0.4930

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5400	0.5148	0.5254
February	0.5254	0.5100	0.5174
March	0.5113	0.4924	0.5032
April	0.4918	0.4673	0.4812
May	0.5063	0.4642	0.4916
June	0.5015	0.4788	0.4923
July	0.5106	0.4912	0.4998
August	0.5034	0.4940	0.4985
September	0.5261	0.4998	0.5181
October	0.5341	0.5103	0.5221
November	0.5463	0.5237	0.5334
December	0.5618	0.5359	0.5507