2011 CDF to ETB Historical Review

YEARLY HIGH

0.0192 ETB

YEARLY LOW

0.0139 ETB

YEARLY AVERAGE

0.0175 ETB

2011 CDF to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the CDF to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 0.0192. Conversely, the yearly low was recorded on February 20, dropping to 0.0139.

This high-to-low spread represents a total annual volatility of 0.0053 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0140 to the December average rate of 0.0191, the exchange rate registered a net change of 35.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0192 was up 33.31% compared to the 2010 peak of 0.0144, 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 96 ETB

2010 Average 65 ETB

Yearly Trough Low 69 ETB

Transaction Impact: A difference of 26.64 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0196

0.0134

JanuMarcMayJulySeptNove

CDF to ETB 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 0.0161, compared to 0.0188 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0161

H2 Avg (Jul–Dec) 0.0188

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.0044 ETB (High: 0.0185 / Low: 0.0141). On the other end, September was the most stable month, with a tight range of 0.0002 ETB (High: 0.0187 / Low: 0.0186).

April Spread (Volatile) ±0.0044

September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and August, 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 January and February, when the average rate fell by 0.0001 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.0191) against the same month in 2010 (average: 0.0141), the exchange rate shifted by +0.0049 (+35.04%).

2011 Avg (December) 0.0191

2010 Avg (December) 0.0141

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0143	0.0139	0.0140
February	0.0141	0.0139	0.0139
March	0.0141	0.0139	0.0140
April	0.0185	0.0141	0.0178
May	0.0186	0.0184	0.0184
June	0.0188	0.0184	0.0186
July	0.0187	0.0185	0.0186
August	0.0189	0.0186	0.0187
September	0.0187	0.0186	0.0187
October	0.0189	0.0185	0.0187
November	0.0191	0.0187	0.0189
December	0.0192	0.0189	0.0191