2011 ALL to MRO Historical Review

YEARLY HIGH

2.9059 MRO

YEARLY LOW

2.6184 MRO

YEARLY AVERAGE

2.7734 MRO

2011 ALL to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ALL to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on August 17, valuing the pair at 2.9059. Conversely, the yearly low was recorded on January 10, dropping to 2.6184.

This high-to-low spread represents a total annual volatility of 0.2875 MRO. From a start-to-finish perspective, comparing the January average rate of 2.6988 to the December average rate of 2.7269, the exchange rate registered a net change of 1.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.9059 was up 0.69% compared to the 2010 peak of 2.8861, 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 14,529 MRO

2010 Average 13,179 MRO

Yearly Trough Low 13,092 MRO

Transaction Impact: A difference of 1,437.40 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.8623

2.6839

JanuMarcMayJulySeptNove

ALL to MRO 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 2.7659, compared to 2.7809 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0150 points.

H1 Avg (Jan–Jun) 2.7659

H2 Avg (Jul–Dec) 2.7809

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.2228 MRO (High: 2.8941 / Low: 2.6713). On the other end, November was the most stable month, with a tight range of 0.0920 MRO (High: 2.7829 / Low: 2.6909).

October Spread (Volatile) ±0.2228

November Spread (Stable) ±0.0920

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0903 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0903

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 2.8475) against the same month in 2010 (average: 2.6865), the exchange rate shifted by +0.1610 (+5.99%).

2011 Avg (August) 2.8475

2010 Avg (August) 2.6865

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7389	2.6184	2.6988
February	2.8414	2.6991	2.7569
March	2.8859	2.7447	2.8190
April	2.8898	2.7436	2.8076
May	2.8430	2.6886	2.7474
June	2.8160	2.7198	2.7658
July	2.8655	2.7655	2.8122
August	2.9059	2.7779	2.8475
September	2.8413	2.7028	2.7572
October	2.8941	2.6713	2.8014
November	2.7829	2.6909	2.7402
December	2.8302	2.6739	2.7269