2011 CDF to HUF Historical Review

YEARLY HIGH

0.2680 HUF

YEARLY LOW

0.1947 HUF

YEARLY AVERAGE

0.2206 HUF

2011 CDF to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the CDF to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.2680. Conversely, the yearly low was recorded on May 4, dropping to 0.1947.

This high-to-low spread represents a total annual volatility of 0.0733 HUF. From a start-to-finish perspective, comparing the January average rate of 0.2271 to the December average rate of 0.2558, the exchange rate registered a net change of 12.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.2680 was up 0.10% compared to the 2010 peak of 0.2677, 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 1,340 HUF

2010 Average 1,162 HUF

Yearly Trough Low 974 HUF

Transaction Impact: A difference of 366.45 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.2612

0.1958

JanuMarcMayJulySeptNove

CDF 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 0.2109, compared to 0.2303 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0194 points.

H1 Avg (Jan–Jun) 0.2109

H2 Avg (Jul–Dec) 0.2303

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0291 HUF (High: 0.2382 / Low: 0.2092). On the other end, February was the most stable month, with a tight range of 0.0072 HUF (High: 0.2212 / Low: 0.2139).

September Spread (Volatile) ±0.0291

February Spread (Stable) ±0.0072

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0106 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.2558) against the same month in 2010 (average: 0.2332), the exchange rate shifted by +0.0225 (+9.66%).

2011 Avg (December) 0.2558

2010 Avg (December) 0.2332

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2384	0.2172	0.2271
February	0.2212	0.2139	0.2170
March	0.2161	0.2057	0.2119
April	0.2069	0.1957	0.2013
May	0.2114	0.1947	0.2040
June	0.2100	0.1990	0.2043
July	0.2120	0.2005	0.2053
August	0.2141	0.2042	0.2085
September	0.2382	0.2092	0.2256
October	0.2469	0.2288	0.2361
November	0.2630	0.2403	0.2505
December	0.2680	0.2476	0.2558