2011 AZN to CVE Historical Review

YEARLY HIGH

108.5629 CVE

YEARLY LOW

93.6963 CVE

YEARLY AVERAGE

100.4897 CVE

2011 AZN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AZN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 108.5629. Conversely, the yearly low was recorded on May 4, dropping to 93.6963.

This high-to-low spread represents a total annual volatility of 14.8666 CVE. From a start-to-finish perspective, comparing the January average rate of 103.5469 to the December average rate of 106.5361, the exchange rate registered a net change of 2.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 108.5629 was down 5.57% compared to the 2010 peak of 114.9687, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 542,815 CVE

2010 Average 516,692 CVE

Yearly Trough Low 468,482 CVE

Transaction Impact: A difference of 74,332.85 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

107.5485

95.3996

JanuMarcMayJulySeptNove

AZN to CVE 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 99.2658, compared to 101.7135 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4477 points.

H1 Avg (Jan–Jun) 99.2658

H2 Avg (Jul–Dec) 101.7135

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 7.3057 CVE (High: 106.3878 / Low: 99.0821). On the other end, August was the most stable month, with a tight range of 2.3084 CVE (High: 99.1284 / Low: 96.8200).

October Spread (Volatile) ±7.3057

August Spread (Stable) ±2.3084

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 2.9534 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -2.9534

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 106.5361) against the same month in 2010 (average: 104.4957), the exchange rate shifted by +2.0403 (+1.95%).

2011 Avg (December) 106.5361

2010 Avg (December) 104.4957

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	107.2075	100.8773	103.5469
February	103.2079	100.4051	101.6827
March	100.9800	97.8677	99.3654
April	98.4379	93.7944	96.4120
May	99.6151	93.6963	97.2370
June	99.4345	95.4635	97.3509
July	100.3993	96.7098	98.2441
August	99.1284	96.8200	97.8935
September	104.4339	98.2002	101.8168
October	106.3878	99.0821	102.2601
November	106.0378	101.5739	103.5304
December	108.5629	103.8789	106.5361