2011 CDF to MGA Historical Review

YEARLY HIGH

2.4599 MGA

YEARLY LOW

2.1097 MGA

YEARLY AVERAGE

2.2175 MGA

2011 CDF to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the CDF to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2.4599. Conversely, the yearly low was recorded on June 13, dropping to 2.1097.

This high-to-low spread represents a total annual volatility of 0.3502 MGA. From a start-to-finish perspective, comparing the January average rate of 2.3076 to the December average rate of 2.3660, the exchange rate registered a net change of 2.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.4599 was down 2.95% compared to the 2010 peak of 2.5346, 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 12,300 MGA

2010 Average 11,699 MGA

Yearly Trough Low 10,548 MGA

Transaction Impact: A difference of 1,751.21 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.3888

2.1148

JanuMarcMayJulySeptNove

CDF to MGA 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 2.1929, compared to 2.2421 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0492 points.

H1 Avg (Jan–Jun) 2.1929

H2 Avg (Jul–Dec) 2.2421

Volatility Range Comparison

Volatility

The most volatile month in 2011 was December, with a trading range of 0.1615 MGA (High: 2.4599 / Low: 2.2984). On the other end, June was the most stable month, with a tight range of 0.0450 MGA (High: 2.1546 / Low: 2.1097).

December Spread (Volatile) ±0.1615

June Spread (Stable) ±0.0450

Growth Streaks & Declines

Trends

Between June and December, 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 0.1002 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.1002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 2.3660) against the same month in 2010 (average: 2.3436), the exchange rate shifted by +0.0224 (+0.96%).

2011 Avg (December) 2.3660

2010 Avg (December) 2.3436

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3892	2.2409	2.3076
February	2.2419	2.1800	2.2074
March	2.2136	2.1634	2.1954
April	2.2109	2.1314	2.1616
May	2.1801	2.1256	2.1477
June	2.1546	2.1097	2.1376
July	2.1725	2.1191	2.1461
August	2.1870	2.1234	2.1499
September	2.2598	2.1154	2.1911
October	2.3329	2.1846	2.2832
November	2.3380	2.2894	2.3162
December	2.4599	2.2984	2.3660