2011 ARS to HUF Historical Review

YEARLY HIGH

56.5737 HUF

YEARLY LOW

43.6337 HUF

YEARLY AVERAGE

48.6877 HUF

2011 ARS to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ARS to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 56.5737. Conversely, the yearly low was recorded on May 2, dropping to 43.6337.

This high-to-low spread represents a total annual volatility of 12.9400 HUF. From a start-to-finish perspective, comparing the January average rate of 51.7471 to the December average rate of 53.9777, the exchange rate registered a net change of 4.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 56.5737 was down 7.41% compared to the 2010 peak of 61.1025, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 282,868 HUF

2010 Average 265,998 HUF

Yearly Trough Low 218,168 HUF

Transaction Impact: A difference of 64,700.13 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

54.8622

44.2475

JanuMarcMayJulySeptNove

ARS 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 47.5260, compared to 49.8493 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3233 points.

H1 Avg (Jan–Jun) 47.5260

H2 Avg (Jul–Dec) 49.8493

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 6.3162 HUF (High: 51.9087 / Low: 45.5924). On the other end, February was the most stable month, with a tight range of 1.7230 HUF (High: 50.3184 / Low: 48.5954).

September Spread (Volatile) ±6.3162

February Spread (Stable) ±1.7230

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 2.8225 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -2.8225

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 53.9777) against the same month in 2010 (average: 52.7633), the exchange rate shifted by +1.2143 (+2.30%).

2011 Avg (December) 53.9777

2010 Avg (December) 52.7633

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	54.5601	49.6250	51.7471
February	50.3184	48.5954	49.4034
March	49.0893	46.2092	47.9546
April	46.3235	43.6674	45.1321
May	47.1899	43.6337	45.6064
June	46.6476	44.2602	45.3125
July	47.1311	44.3216	45.4658
August	46.8567	44.7492	45.6437
September	51.9087	45.5924	49.1760
October	54.0339	50.2035	51.2798
November	55.7937	51.7570	53.5529
December	56.5737	52.0923	53.9777