2011 TOP to BZD Historical Review

YEARLY HIGH

1.2388 BZD

YEARLY LOW

1.0533 BZD

YEARLY AVERAGE

1.1351 BZD

2011 TOP to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TOP to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 1.2388. Conversely, the yearly low was recorded on January 13, dropping to 1.0533.

This high-to-low spread represents a total annual volatility of 0.1855 BZD. From a start-to-finish perspective, comparing the January average rate of 1.0682 to the December average rate of 1.1480, the exchange rate registered a net change of 7.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.2388 was up 14.11% compared to the 2010 peak of 1.0856, 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 6,194 BZD

2010 Average 5,161 BZD

Yearly Trough Low 5,267 BZD

Transaction Impact: A difference of 927.40 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.2281

1.0537

JanuMarcMayJulySeptNove

TOP to BZD 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 1.0944, compared to 1.1758 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0814 points.

H1 Avg (Jan–Jun) 1.0944

H2 Avg (Jul–Dec) 1.1758

Volatility Range Comparison

Volatility

The most volatile month in 2011 was July, with a trading range of 0.0875 BZD (High: 1.2353 / Low: 1.1478). On the other end, February was the most stable month, with a tight range of 0.0023 BZD (High: 1.0725 / Low: 1.0702).

July Spread (Volatile) ±0.0875

February Spread (Stable) ±0.0023

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 0.0293 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0293

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 1.2136) against the same month in 2010 (average: 1.0256), the exchange rate shifted by +0.1880 (+18.33%).

2011 Avg (August) 1.2136

2010 Avg (August) 1.0256

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0723	1.0533	1.0682
February	1.0725	1.0702	1.0720
March	1.0786	1.0667	1.0710
April	1.1212	1.0631	1.0867
May	1.1339	1.1187	1.1261
June	1.1579	1.1316	1.1423
July	1.2353	1.1478	1.1814
August	1.2388	1.1983	1.2136
September	1.2227	1.1461	1.1843
October	1.1823	1.1370	1.1624
November	1.1839	1.1172	1.1652
December	1.1658	1.1363	1.1480