2011 CDF to TWD Historical Review

YEARLY HIGH

0.0337 TWD

YEARLY LOW

0.0312 TWD

YEARLY AVERAGE

0.0323 TWD

2011 CDF to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the CDF to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 21, valuing the pair at 0.0337. Conversely, the yearly low was recorded on May 3, dropping to 0.0312.

This high-to-low spread represents a total annual volatility of 0.0024 TWD. From a start-to-finish perspective, comparing the January average rate of 0.0321 to the December average rate of 0.0335, the exchange rate registered a net change of 4.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0337 was down 8.40% compared to the 2010 peak of 0.0368, 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 168 TWD

2010 Average 176 TWD

Yearly Trough Low 156 TWD

Transaction Impact: A difference of 12.20 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0337

0.0313

JanuMarcMayJulySeptNove

CDF to TWD 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 0.0319, compared to 0.0326 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0319

H2 Avg (Jul–Dec) 0.0326

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0018 TWD (High: 0.0333 / Low: 0.0315). On the other end, August was the most stable month, with a tight range of 0.0004 TWD (High: 0.0321 / Low: 0.0316).

September Spread (Volatile) ±0.0018

August Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0005 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 0.0332) against the same month in 2010 (average: 0.0336), the exchange rate shifted by -0.0004 (-1.16%).

2011 Avg (November) 0.0332

2010 Avg (November) 0.0336

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0328	0.0317	0.0321
February	0.0325	0.0317	0.0320
March	0.0326	0.0320	0.0323
April	0.0322	0.0314	0.0318
May	0.0319	0.0312	0.0315
June	0.0320	0.0313	0.0318
July	0.0318	0.0313	0.0316
August	0.0321	0.0316	0.0318
September	0.0333	0.0315	0.0324
October	0.0336	0.0326	0.0331
November	0.0337	0.0328	0.0332
December	0.0337	0.0332	0.0335