2011 ERN to COP Historical Review

YEARLY HIGH

1979.2920 COP

YEARLY LOW

1752.5695 COP

YEARLY AVERAGE

1848.1496 COP

2011 ERN to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ERN to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 1979.2920. Conversely, the yearly low was recorded on July 17, dropping to 1752.5695.

This high-to-low spread represents a total annual volatility of 226.7225 COP. From a start-to-finish perspective, comparing the January average rate of 1871.4833 to the December average rate of 1934.1649, the exchange rate registered a net change of 3.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1979.2920 was down 3.17% compared to the 2010 peak of 2044.1711, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,896,460 COP

2010 Average 9,492,780 COP

Yearly Trough Low 8,762,847 COP

Transaction Impact: A difference of 1,133,612.43 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1951.3352

1745.2913

JanuMarcMayJulySeptNove

ERN to COP 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 1838.9507, compared to 1857.3485 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.3978 points.

H1 Avg (Jan–Jun) 1838.9507

H2 Avg (Jul–Dec) 1857.3485

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 135.8561 COP (High: 1915.6371 / Low: 1779.7810). On the other end, July was the most stable month, with a tight range of 21.1915 COP (High: 1773.7610 / Low: 1752.5695).

September Spread (Volatile) ±135.8561

July Spread (Stable) ±21.1915

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 70.2611 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -70.2611

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 1905.0080) against the same month in 2010 (average: 1807.8184), the exchange rate shifted by +97.1895 (+5.38%).

2011 Avg (October) 1905.0080

2010 Avg (October) 1807.8184

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1953.7106	1842.5121	1871.4833
February	1908.4883	1854.8245	1883.4825
March	1918.1357	1862.5532	1881.9926
April	1864.7492	1767.0667	1811.7314
May	1832.3399	1764.4116	1801.3415
June	1799.9132	1773.5300	1783.6727
July	1773.7610	1752.5695	1762.4616
August	1810.9883	1764.4694	1786.1808
September	1915.6371	1779.7810	1835.6852
October	1979.2920	1862.2921	1905.0080
November	1955.8607	1886.3149	1920.5903
December	1945.8958	1921.9887	1934.1649