2011 PEN to BND Historical Review

YEARLY HIGH

0.4851 BND

YEARLY LOW

0.4305 BND

YEARLY AVERAGE

0.4564 BND

2011 PEN to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the PEN to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.4851. Conversely, the yearly low was recorded on May 2, dropping to 0.4305.

This high-to-low spread represents a total annual volatility of 0.0546 BND. From a start-to-finish perspective, comparing the January average rate of 0.4617 to the December average rate of 0.4802, the exchange rate registered a net change of 4.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.4851 was up 2.70% compared to the 2010 peak of 0.4724, 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 2,426 BND

2010 Average 2,269 BND

Yearly Trough Low 2,153 BND

Transaction Impact: A difference of 273.05 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.4840

0.4377

JanuMarcMayJulySeptNove

PEN to BND 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 0.4523, compared to 0.4604 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0080 points.

H1 Avg (Jan–Jun) 0.4523

H2 Avg (Jul–Dec) 0.4604

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.0233 BND (High: 0.4539 / Low: 0.4305). On the other end, August was the most stable month, with a tight range of 0.0058 BND (High: 0.4442 / Low: 0.4384).

May Spread (Volatile) ±0.0233

August Spread (Stable) ±0.0058

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 0.0136 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0136

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.4802) against the same month in 2010 (average: 0.4354), the exchange rate shifted by +0.0447 (+10.27%).

2011 Avg (December) 0.4802

2010 Avg (December) 0.4354

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4638	0.4579	0.4617
February	0.4639	0.4575	0.4603
March	0.4623	0.4487	0.4566
April	0.4507	0.4340	0.4430
May	0.4539	0.4305	0.4455
June	0.4502	0.4404	0.4468
July	0.4480	0.4391	0.4438
August	0.4442	0.4384	0.4416
September	0.4626	0.4408	0.4532
October	0.4731	0.4600	0.4668
November	0.4844	0.4658	0.4768
December	0.4851	0.4744	0.4802