2011 SAR to BIF Historical Review

YEARLY HIGH

352.0635 BIF

YEARLY LOW

300.6428 BIF

YEARLY AVERAGE

322.4787 BIF

2011 SAR to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the SAR to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 352.0635. Conversely, the yearly low was recorded on January 2, dropping to 300.6428.

This high-to-low spread represents a total annual volatility of 51.4207 BIF. From a start-to-finish perspective, comparing the January average rate of 302.6401 to the December average rate of 343.5769, the exchange rate registered a net change of 13.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 352.0635 was up 13.74% compared to the 2010 peak of 309.5319, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,760,317 BIF

2010 Average 1,515,231 BIF

Yearly Trough Low 1,503,214 BIF

Transaction Impact: A difference of 257,103.66 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

347.6706

298.5464

JanuMarcMayJulySeptNove

SAR 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 314.4699, compared to 330.4875 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.0176 points.

H1 Avg (Jan–Jun) 314.4699

H2 Avg (Jul–Dec) 330.4875

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 25.9727 BIF (High: 328.5140 / Low: 302.5413). On the other end, October was the most stable month, with a tight range of 1.7830 BIF (High: 328.6953 / Low: 326.9124).

April Spread (Volatile) ±25.9727

October Spread (Stable) ±1.7830

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1796 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.1796

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 343.5769) against the same month in 2010 (average: 302.4606), the exchange rate shifted by +41.1163 (+13.59%).

2011 Avg (December) 343.5769

2010 Avg (December) 302.4606

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	303.9048	300.6428	302.6401
February	303.8350	301.9268	303.2703
March	304.6870	301.0889	303.0907
April	328.5140	302.5413	324.1553
May	328.0744	325.1517	326.6905
June	328.7703	325.1097	326.9727
July	328.7984	325.6536	327.0995
August	330.0163	325.1843	327.3932
September	329.1402	325.7796	327.5477
October	328.6953	326.9124	327.9167
November	339.0855	327.5216	329.3911
December	352.0635	328.0070	343.5769