2011 PGK to BIF Historical Review

YEARLY HIGH

621.2680 BIF

YEARLY LOW

429.2450 BIF

YEARLY AVERAGE

518.1909 BIF

2011 PGK to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the PGK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 621.2680. Conversely, the yearly low was recorded on January 25, dropping to 429.2450.

This high-to-low spread represents a total annual volatility of 192.0230 BIF. From a start-to-finish perspective, comparing the January average rate of 433.6539 to the December average rate of 605.5973, the exchange rate registered a net change of 39.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 621.2680 was up 40.28% compared to the 2010 peak of 442.8853, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,106,340 BIF

2010 Average 2,108,676 BIF

Yearly Trough Low 2,146,225 BIF

Transaction Impact: A difference of 960,115.23 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

622.7917

416.4596

JanuMarcMayJulySeptNove

PGK to BIF 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 470.3037, compared to 566.0781 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 95.7744 points.

H1 Avg (Jan–Jun) 470.3037

H2 Avg (Jul–Dec) 566.0781

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 58.0482 BIF (High: 501.5409 / Low: 443.4927). On the other end, September was the most stable month, with a tight range of 6.5070 BIF (High: 558.3628 / Low: 551.8558).

April Spread (Volatile) ±58.0482

September Spread (Stable) ±6.5070

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 605.5973) against the same month in 2010 (average: 438.5338), the exchange rate shifted by +167.0635 (+38.10%).

2011 Avg (December) 605.5973

2010 Avg (December) 438.5338

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	439.3635	429.2450	433.6539
February	440.4875	432.2952	435.7903
March	444.7829	434.9566	439.3514
April	501.5409	443.4927	483.1710
May	509.3717	500.7612	505.4067
June	543.1551	503.7424	524.4489
July	551.7877	533.7742	539.5100
August	555.4872	540.9785	551.0173
September	558.3628	551.8558	555.3363
October	577.9434	555.0494	563.9294
November	596.0705	574.5883	581.0785
December	621.2680	579.3872	605.5973