2011 AZN to HNL Historical Review

YEARLY HIGH

24.1795 HNL

YEARLY LOW

23.7271 HNL

YEARLY AVERAGE

23.9627 HNL

2011 AZN to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AZN to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 24.1795. Conversely, the yearly low was recorded on January 4, dropping to 23.7271.

This high-to-low spread represents a total annual volatility of 0.4524 HNL. From a start-to-finish perspective, comparing the January average rate of 23.7403 to the December average rate of 24.1164, the exchange rate registered a net change of 1.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 24.1795 was up 1.43% compared to the 2010 peak of 23.8384, 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 120,897 HNL

2010 Average 117,398 HNL

Yearly Trough Low 118,636 HNL

Transaction Impact: A difference of 2,261.78 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

24.1540

23.7027

JanuMarcMayJulySeptNove

AZN to HNL 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 23.8754, compared to 24.0501 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1747 points.

H1 Avg (Jan–Jun) 23.8754

H2 Avg (Jul–Dec) 24.0501

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.3092 HNL (High: 24.0560 / Low: 23.7468). On the other end, January was the most stable month, with a tight range of 0.0410 HNL (High: 23.7681 / Low: 23.7271).

August Spread (Volatile) ±0.3092

January Spread (Stable) ±0.0410

Growth Streaks & Declines

Trends

Between January and July, 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 July and August, when the average rate fell by 0.1112 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.1112

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 24.1164) against the same month in 2010 (average: 23.6997), the exchange rate shifted by +0.4167 (+1.76%).

2011 Avg (December) 24.1164

2010 Avg (December) 23.6997

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	23.7681	23.7271	23.7403
February	23.8244	23.7709	23.8025
March	23.8850	23.8180	23.8509
April	23.9125	23.8672	23.8973
May	23.9833	23.8996	23.9456
June	24.0662	23.9697	24.0156
July	24.0874	23.9509	24.0479
August	24.0560	23.7468	23.9367
September	24.0551	23.9365	24.0161
October	24.1499	24.0342	24.0834
November	24.1524	24.0304	24.0999
December	24.1795	24.0596	24.1164