2011 CDF to ALL Historical Review

YEARLY HIGH

0.1183 ALL

YEARLY LOW

0.1047 ALL

YEARLY AVERAGE

0.1107 ALL

2011 CDF to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the CDF to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.1183. Conversely, the yearly low was recorded on May 4, dropping to 0.1047.

This high-to-low spread represents a total annual volatility of 0.0136 ALL. From a start-to-finish perspective, comparing the January average rate of 0.1146 to the December average rate of 0.1161, the exchange rate registered a net change of 1.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1183 was down 7.21% compared to the 2010 peak of 0.1275, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 592 ALL

2010 Average 581 ALL

Yearly Trough Low 523 ALL

Transaction Impact: A difference of 68.16 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1170

0.1062

JanuMarcMayJulySeptNove

CDF to ALL 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 0.1101, compared to 0.1113 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.1101

H2 Avg (Jul–Dec) 0.1113

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0070 ALL (High: 0.1163 / Low: 0.1093). On the other end, March was the most stable month, with a tight range of 0.0023 ALL (High: 0.1108 / Low: 0.1084).

October Spread (Volatile) ±0.0070

March Spread (Stable) ±0.0023

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 January and February, when the average rate fell by 0.0028 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.1161) against the same month in 2010 (average: 0.1167), the exchange rate shifted by -0.0006 (-0.50%).

2011 Avg (December) 0.1161

2010 Avg (December) 0.1167

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1180	0.1117	0.1146
February	0.1137	0.1103	0.1117
March	0.1108	0.1084	0.1097
April	0.1091	0.1050	0.1075
May	0.1104	0.1047	0.1082
June	0.1099	0.1071	0.1087
July	0.1096	0.1054	0.1074
August	0.1091	0.1056	0.1071
September	0.1141	0.1072	0.1113
October	0.1163	0.1093	0.1120
November	0.1169	0.1122	0.1142
December	0.1183	0.1128	0.1161