2011 ALL to HUF Historical Review

YEARLY HIGH

2.2730 HUF

YEARLY LOW

1.8476 HUF

YEARLY AVERAGE

1.9902 HUF

2011 ALL to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ALL to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.2730. Conversely, the yearly low was recorded on June 9, dropping to 1.8476.

This high-to-low spread represents a total annual volatility of 0.4254 HUF. From a start-to-finish perspective, comparing the January average rate of 1.9822 to the December average rate of 2.2029, the exchange rate registered a net change of 11.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.2730 was up 5.77% compared to the 2010 peak of 2.1490, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,365 HUF

2010 Average 9,993 HUF

Yearly Trough Low 9,238 HUF

Transaction Impact: A difference of 2,127.18 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.2360

1.8394

JanuMarcMayJulySeptNove

ALL to HUF 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 1.9155, compared to 2.0649 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1494 points.

H1 Avg (Jan–Jun) 1.9155

H2 Avg (Jul–Dec) 2.0649

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.1423 HUF (High: 2.0886 / Low: 1.9463). On the other end, April was the most stable month, with a tight range of 0.0460 HUF (High: 1.8960 / Low: 1.8500).

September Spread (Volatile) ±0.1423

April Spread (Stable) ±0.0460

Growth Streaks & Declines

Trends

Between June and December, 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 March and April, when the average rate fell by 0.0595 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0595

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 2.2029) against the same month in 2010 (average: 1.9990), the exchange rate shifted by +0.2039 (+10.20%).

2011 Avg (December) 2.2029

2010 Avg (December) 1.9990

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0283	1.9449	1.9822
February	1.9621	1.9155	1.9420
March	1.9619	1.8856	1.9320
April	1.8960	1.8500	1.8725
May	1.9157	1.8563	1.8843
June	1.9112	1.8476	1.8798
July	1.9652	1.8699	1.9118
August	1.9875	1.9117	1.9468
September	2.0886	1.9463	2.0263
October	2.1491	2.0722	2.1080
November	2.2503	2.1395	2.1936
December	2.2730	2.1725	2.2029