2011 PEN to BTN Historical Review

YEARLY HIGH

19.8921 BTN

YEARLY LOW

15.5972 BTN

YEARLY AVERAGE

16.9424 BTN

2011 PEN to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the PEN to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 19.8921. Conversely, the yearly low was recorded on May 2, dropping to 15.5972.

This high-to-low spread represents a total annual volatility of 4.2949 BTN. From a start-to-finish perspective, comparing the January average rate of 16.2827 to the December average rate of 19.4522, the exchange rate registered a net change of 19.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 19.8921 was up 25.41% compared to the 2010 peak of 15.8620, 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 99,461 BTN

2010 Average 76,053 BTN

Yearly Trough Low 77,986 BTN

Transaction Impact: A difference of 21,474.70 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

19.8210

15.3958

JanuMarcMayJulySeptNove

PEN 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 16.1674, compared to 17.7173 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5498 points.

H1 Avg (Jan–Jun) 16.1674

H2 Avg (Jul–Dec) 17.7173

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 1.2854 BTN (High: 19.3671 / Low: 18.0817). On the other end, July was the most stable month, with a tight range of 0.2096 BTN (High: 16.2987 / Low: 16.0890).

November Spread (Volatile) ±1.2854

July Spread (Stable) ±0.2096

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 0.4203 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.4203

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 19.4522) against the same month in 2010 (average: 15.0030), the exchange rate shifted by +4.4492 (+29.66%).

2011 Avg (December) 19.4522

2010 Avg (December) 15.0030

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.5573	15.9252	16.2827
February	16.5172	16.1882	16.3878
March	16.3613	15.8927	16.1848
April	15.9275	15.6782	15.7645
May	16.4796	15.5972	16.1603
June	16.3092	16.0183	16.2245
July	16.2987	16.0890	16.1904
August	16.8806	16.0946	16.5661
September	17.8902	16.7229	17.3305
October	18.3524	17.7086	18.0106
November	19.3671	18.0817	18.7539
December	19.8921	18.9312	19.4522