2011 TOP to BHD Historical Review

YEARLY HIGH

0.2340 BHD

YEARLY LOW

0.1995 BHD

YEARLY AVERAGE

0.2148 BHD

2011 TOP to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TOP to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 10, valuing the pair at 0.2340. Conversely, the yearly low was recorded on January 13, dropping to 0.1995.

This high-to-low spread represents a total annual volatility of 0.0345 BHD. From a start-to-finish perspective, comparing the January average rate of 0.2024 to the December average rate of 0.2169, the exchange rate registered a net change of 7.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.2340 was up 13.78% compared to the 2010 peak of 0.2057, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,170 BHD

2010 Average 978 BHD

Yearly Trough Low 998 BHD

Transaction Impact: A difference of 172.36 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.2326

0.1996

JanuMarcMayJulySeptNove

TOP to BHD 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 0.2073, compared to 0.2223 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0151 points.

H1 Avg (Jan–Jun) 0.2073

H2 Avg (Jul–Dec) 0.2223

Volatility Range Comparison

Volatility

The most volatile month in 2011 was July, with a trading range of 0.0149 BHD (High: 0.2333 / Low: 0.2183). On the other end, February was the most stable month, with a tight range of 0.0005 BHD (High: 0.2032 / Low: 0.2026).

July Spread (Volatile) ±0.0149

February Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0058 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 0.2298) against the same month in 2010 (average: 0.1942), the exchange rate shifted by +0.0356 (+18.32%).

2011 Avg (August) 0.2298

2010 Avg (August) 0.1942

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2031	0.1995	0.2024
February	0.2032	0.2026	0.2031
March	0.2043	0.2021	0.2029
April	0.2118	0.2022	0.2056
May	0.2142	0.2118	0.2132
June	0.2187	0.2151	0.2163
July	0.2333	0.2183	0.2235
August	0.2340	0.2278	0.2298
September	0.2310	0.2165	0.2240
October	0.2234	0.2147	0.2196
November	0.2236	0.2110	0.2202
December	0.2203	0.2147	0.2169