2011 TMT to BND Historical Review

YEARLY HIGH

1.3132 BND

YEARLY LOW

1.1977 BND

YEARLY AVERAGE

1.2570 BND

2011 TMT to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TMT to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 1.3132. Conversely, the yearly low was recorded on August 15, dropping to 1.1977.

This high-to-low spread represents a total annual volatility of 0.1155 BND. From a start-to-finish perspective, comparing the January average rate of 1.2876 to the December average rate of 1.2952, the exchange rate registered a net change of 0.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.3132 was down 7.48% compared to the 2010 peak of 1.4194, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,566 BND

2010 Average 6,819 BND

Yearly Trough Low 5,988 BND

Transaction Impact: A difference of 577.48 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.3038

1.2011

JanuMarcMayJulySeptNove

TMT to BND 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 1.2587, compared to 1.2552 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 1.2587

H2 Avg (Jul–Dec) 1.2552

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0781 BND (High: 1.2820 / Low: 1.2039). On the other end, February was the most stable month, with a tight range of 0.0123 BND (High: 1.2835 / Low: 1.2713).

September Spread (Volatile) ±0.0781

February Spread (Stable) ±0.0123

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0212 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0212

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 1.2905) against the same month in 2010 (average: 1.2971), the exchange rate shifted by -0.0066 (-0.51%).

2011 Avg (November) 1.2905

2010 Avg (November) 1.2971

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2984	1.2819	1.2876
February	1.2835	1.2713	1.2765
March	1.2808	1.2603	1.2686
April	1.2632	1.2248	1.2474
May	1.2509	1.2225	1.2376
June	1.2424	1.2280	1.2349
July	1.2317	1.2018	1.2169
August	1.2191	1.1977	1.2096
September	1.2820	1.2039	1.2432
October	1.3100	1.2452	1.2760
November	1.3132	1.2627	1.2905
December	1.3083	1.2797	1.2952