2011 PEN to BWP Historical Review

YEARLY HIGH

2.8428 BWP

YEARLY LOW

2.2416 BWP

YEARLY AVERAGE

2.4912 BWP

2011 PEN to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the PEN to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 2.8428. Conversely, the yearly low was recorded on May 2, dropping to 2.2416.

This high-to-low spread represents a total annual volatility of 0.6012 BWP. From a start-to-finish perspective, comparing the January average rate of 2.3820 to the December average rate of 2.7859, the exchange rate registered a net change of 16.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.8428 was up 16.21% compared to the 2010 peak of 2.4463, 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 14,214 BWP

2010 Average 11,350 BWP

Yearly Trough Low 11,208 BWP

Transaction Impact: A difference of 3,006.07 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.8344

2.2520

JanuMarcMayJulySeptNove

PEN to BWP 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 2.3751, compared to 2.6074 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2323 points.

H1 Avg (Jan–Jun) 2.3751

H2 Avg (Jul–Dec) 2.6074

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.2694 BWP (High: 2.7258 / Low: 2.4564). On the other end, June was the most stable month, with a tight range of 0.0800 BWP (High: 2.4051 / Low: 2.3251).

September Spread (Volatile) ±0.2694

June Spread (Stable) ±0.0800

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0844 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0844

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 2.7578) against the same month in 2010 (average: 2.2034), the exchange rate shifted by +0.5544 (+25.16%).

2011 Avg (November) 2.7578

2010 Avg (November) 2.2034

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4406	2.3040	2.3820
February	2.4868	2.3934	2.4470
March	2.4214	2.3323	2.3849
April	2.3347	2.2517	2.3005
May	2.4430	2.2416	2.3648
June	2.4051	2.3251	2.3715
July	2.4448	2.3616	2.3945
August	2.5007	2.3694	2.4585
September	2.7258	2.4564	2.5727
October	2.7250	2.6291	2.6749
November	2.8428	2.6873	2.7578
December	2.8374	2.7337	2.7859