2011 ARS to HNL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 ARS to HNL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the ARS to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 4.7647. Conversely, the yearly low was recorded on December 29, dropping to 4.4097.
This high-to-low spread represents a total annual volatility of 0.3550 HNL. From a start-to-finish perspective, comparing the January average rate of 4.7545 to the December average rate of 4.4222, the exchange rate registered a net change of -6.99% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2011 high of 4.7647 was down 4.55% compared to the 2010 peak of 4.9920, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ARS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
ARS to HNL Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 4.6754, compared to 4.4938 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1816 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was August, with a trading range of 0.0703 HNL (High: 4.5610 / Low: 4.4907). On the other end, December was the most stable month, with a tight range of 0.0237 HNL (High: 4.4334 / Low: 4.4097).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0720 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2011: 4.7545) against the same month in 2010 (average: 4.9742), the exchange rate shifted by -0.2198 (-4.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.7647 | 4.7287 | 4.7545 |
| February | 4.7265 | 4.6923 | 4.7051 |
| March | 4.7005 | 4.6708 | 4.6881 |
| April | 4.6787 | 4.6330 | 4.6534 |
| May | 4.6420 | 4.6080 | 4.6317 |
| June | 4.6357 | 4.6044 | 4.6199 |
| July | 4.6222 | 4.5542 | 4.5906 |
| August | 4.5610 | 4.4907 | 4.5186 |
| September | 4.5058 | 4.4747 | 4.4926 |
| October | 4.5023 | 4.4770 | 4.4895 |
| November | 4.4786 | 4.4260 | 4.4493 |
| December | 4.4334 | 4.4097 | 4.4222 |