2010 ERN to CDF Historical Review

YEARLY HIGH

932.8880 CDF

YEARLY LOW

870.0086 CDF

YEARLY AVERAGE

895.4620 CDF

2010 ERN to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the ERN to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 26, valuing the pair at 932.8880. Conversely, the yearly low was recorded on May 5, dropping to 870.0086.

This high-to-low spread represents a total annual volatility of 62.8795 CDF. From a start-to-finish perspective, comparing the January average rate of 893.4237 to the December average rate of 899.3764, the exchange rate registered a net change of 0.67% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 4,664,440 CDF

Yearly Average 4,477,310 CDF

Yearly Trough Low 4,350,043 CDF

Transaction Impact: A difference of 314,397.38 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

909.6841

879.6368

JanuMarcMayJulySeptNove

ERN to CDF 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 896.5185, compared to 894.4055 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.1130 points.

H1 Avg (Jan–Jun) 896.5185

H2 Avg (Jul–Dec) 894.4055

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 62.8795 CDF (High: 932.8880 / Low: 870.0086). On the other end, September was the most stable month, with a tight range of 12.3537 CDF (High: 890.0064 / Low: 877.6527).

May Spread (Volatile) ±62.8795

September Spread (Stable) ±12.3537

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 17.9276 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -17.9276

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for May 2010 is 900.3706.

2010 Avg (May) 900.3706

Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	900.0437	887.5648	893.4237
February	907.7168	895.0402	901.0473
March	917.4711	889.9554	907.1801
April	905.1535	874.9465	889.2525
May	932.8880	870.0086	900.3706
June	900.4736	876.4415	887.8369
July	899.9102	887.3998	891.2548
August	900.4987	887.1173	890.7467
September	890.0064	877.6527	882.1407
October	910.3680	889.8474	900.1075
November	909.8965	897.4452	902.8071
December	915.0820	882.4500	899.3764