2011 SZL to BIF Historical Review

YEARLY HIGH

186.3448 BIF

YEARLY LOW

144.3606 BIF

YEARLY AVERAGE

167.6804 BIF

2011 SZL to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the SZL to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 186.3448. Conversely, the yearly low was recorded on November 23, dropping to 144.3606.

This high-to-low spread represents a total annual volatility of 41.9842 BIF. From a start-to-finish perspective, comparing the January average rate of 164.2830 to the December average rate of 157.4219, the exchange rate registered a net change of -4.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 186.3448 was up 9.11% compared to the 2010 peak of 170.7826, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 931,724 BIF

2010 Average 777,340 BIF

Yearly Trough Low 721,803 BIF

Transaction Impact: A difference of 209,921.13 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

183.7059

148.9277

JanuMarcMayJulySeptNove

SZL 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 171.2272, compared to 164.1337 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.0935 points.

H1 Avg (Jan–Jun) 171.2272

H2 Avg (Jul–Dec) 164.1337

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 20.5286 BIF (High: 175.6507 / Low: 155.1222). On the other end, June was the most stable month, with a tight range of 4.2904 BIF (High: 182.9302 / Low: 178.6398).

September Spread (Volatile) ±20.5286

June Spread (Stable) ±4.2904

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 9.9924 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -9.9924

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 179.2224) against the same month in 2010 (average: 149.2787), the exchange rate shifted by +29.9438 (+20.06%).

2011 Avg (May) 179.2224

2010 Avg (May) 149.2787

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	171.6368	158.1347	164.2830
February	163.0395	156.1353	158.3637
March	166.6052	160.9395	164.1632
April	186.2387	167.7788	180.6081
May	186.3448	174.9096	179.2224
June	182.9302	178.6398	180.7226
July	183.2493	176.5307	180.8077
August	184.0591	169.2347	173.5297
September	175.6507	155.1222	165.6047
October	158.9121	151.6334	155.6123
November	159.2996	144.3606	151.8259
December	161.4595	152.0644	157.4219