2011 WST to BIF Historical Review

YEARLY HIGH

575.2116 BIF

YEARLY LOW

470.6700 BIF

YEARLY AVERAGE

521.1240 BIF

2011 WST to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the WST to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 575.2116. Conversely, the yearly low was recorded on January 30, dropping to 470.6700.

This high-to-low spread represents a total annual volatility of 104.5417 BIF. From a start-to-finish perspective, comparing the January average rate of 482.6255 to the December average rate of 537.4965, the exchange rate registered a net change of 11.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 575.2116 was up 14.65% compared to the 2010 peak of 501.7289, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,876,058 BIF

2010 Average 2,267,059 BIF

Yearly Trough Low 2,353,350 BIF

Transaction Impact: A difference of 522,708.30 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

554.3136

475.9336

JanuMarcMayJulySeptNove

WST 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 505.7015, compared to 536.5466 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 30.8450 points.

H1 Avg (Jan–Jun) 505.7015

H2 Avg (Jul–Dec) 536.5466

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 56.1457 BIF (High: 542.2292 / Low: 486.0835). On the other end, March was the most stable month, with a tight range of 12.9010 BIF (High: 489.2283 / Low: 476.3273).

April Spread (Volatile) ±56.1457

March Spread (Stable) ±12.9010

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 10.5976 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -10.5976

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 547.7820) against the same month in 2010 (average: 440.7534), the exchange rate shifted by +107.0286 (+24.28%).

2011 Avg (August) 547.7820

2010 Avg (August) 440.7534

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	492.4992	470.6700	482.6255
February	488.4310	475.2823	482.4653
March	489.2283	476.3273	483.4107
April	542.2292	486.0835	520.8787
May	539.8280	522.9562	531.0584
June	545.2741	522.9471	533.7705
July	560.0655	526.5386	544.3262
August	575.2116	533.8644	547.7820
September	555.6279	517.6806	537.1843
October	548.5804	511.4653	526.6614
November	545.7917	507.6289	525.8290
December	556.3362	512.5463	537.4965