2011 DJF to ZAR Historical Review

YEARLY HIGH

0.0482 ZAR

YEARLY LOW

0.0370 ZAR

YEARLY AVERAGE

0.0408 ZAR

2011 DJF to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the DJF to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 0.0482. Conversely, the yearly low was recorded on May 1, dropping to 0.0370.

This high-to-low spread represents a total annual volatility of 0.0112 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0390 to the December average rate of 0.0459, the exchange rate registered a net change of 17.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0482 was up 7.79% compared to the 2010 peak of 0.0447, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 241 ZAR

2010 Average 206 ZAR

Yearly Trough Low 185 ZAR

Transaction Impact: A difference of 55.77 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0467

0.0370

JanuMarcMayJulySeptNove

DJF to ZAR 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 0.0388, compared to 0.0428 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.0388

H2 Avg (Jul–Dec) 0.0428

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0076 ZAR (High: 0.0470 / Low: 0.0394). On the other end, June was the most stable month, with a tight range of 0.0009 ZAR (High: 0.0388 / Low: 0.0378).

September Spread (Volatile) ±0.0076

June Spread (Stable) ±0.0009

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 February and March, when the average rate fell by 0.0015 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 0.0459) against the same month in 2010 (average: 0.0393), the exchange rate shifted by +0.0066 (+16.82%).

2011 Avg (November) 0.0459

2010 Avg (November) 0.0393

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0404	0.0372	0.0390
February	0.0411	0.0392	0.0404
March	0.0399	0.0382	0.0389
April	0.0386	0.0370	0.0378
May	0.0396	0.0370	0.0386
June	0.0388	0.0378	0.0382
July	0.0393	0.0375	0.0382
August	0.0409	0.0377	0.0399
September	0.0470	0.0394	0.0425
October	0.0467	0.0435	0.0447
November	0.0482	0.0442	0.0459
December	0.0471	0.0450	0.0459