2011 ZAR to BTN Historical Review

YEARLY HIGH

6.7697 BTN

YEARLY LOW

5.9150 BTN

YEARLY AVERAGE

6.4355 BTN

2011 ZAR to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ZAR to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 6.7697. Conversely, the yearly low was recorded on September 25, dropping to 5.9150.

This high-to-low spread represents a total annual volatility of 0.8548 BTN. From a start-to-finish perspective, comparing the January average rate of 6.5559 to the December average rate of 6.4131, the exchange rate registered a net change of -2.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 6.7697 was up 0.27% compared to the 2010 peak of 6.7518, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 338,487 BTN

2010 Average 312,552 BTN

Yearly Trough Low 295,748 BTN

Transaction Impact: A difference of 42,739.34 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

6.6448

6.1512

JanuMarcMayJulySeptNove

ZAR to BTN 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 6.5229, compared to 6.3480 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1749 points.

H1 Avg (Jan–Jun) 6.5229

H2 Avg (Jul–Dec) 6.3480

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.6057 BTN (High: 6.5207 / Low: 5.9150). On the other end, June was the most stable month, with a tight range of 0.1405 BTN (High: 6.6681 / Low: 6.5276).

September Spread (Volatile) ±0.6057

June Spread (Stable) ±0.1405

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 January and February, when the average rate fell by 0.2301 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2301

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 6.5559) against the same month in 2010 (average: 6.1582), the exchange rate shifted by +0.3977 (+6.46%).

2011 Avg (January) 6.5559

2010 Avg (January) 6.1582

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.7697	6.3936	6.5559
February	6.5027	6.2254	6.3258
March	6.5754	6.3638	6.5039
April	6.7240	6.4718	6.6037
May	6.7240	6.4203	6.5470
June	6.6681	6.5276	6.6013
July	6.6292	6.3737	6.5463
August	6.5861	6.2239	6.4005
September	6.5207	5.9150	6.3082
October	6.4312	5.9516	6.1923
November	6.4224	6.0488	6.2276
December	6.5603	6.2917	6.4131