2011 ETB to CVE Historical Review

YEARLY HIGH

6.7151 CVE

YEARLY LOW

4.4027 CVE

YEARLY AVERAGE

5.0704 CVE

2011 ETB to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ETB to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 6.7151. Conversely, the yearly low was recorded on May 4, dropping to 4.4027.

This high-to-low spread represents a total annual volatility of 2.3123 CVE. From a start-to-finish perspective, comparing the January average rate of 6.4843 to the December average rate of 4.8545, the exchange rate registered a net change of -25.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 6.7151 was down 18.61% compared to the 2010 peak of 8.2507, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 33,575 CVE

2010 Average 35,998 CVE

Yearly Trough Low 22,014 CVE

Transaction Impact: A difference of 11,561.75 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

6.6815

4.3151

JanuMarcMayJulySeptNove

ETB to CVE 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 5.4693, compared to 4.6715 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7978 points.

H1 Avg (Jan–Jun) 5.4693

H2 Avg (Jul–Dec) 4.6715

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 1.6828 CVE (High: 6.0915 / Low: 4.4088). On the other end, August was the most stable month, with a tight range of 0.1202 CVE (High: 4.5793 / Low: 4.4591).

April Spread (Volatile) ±1.6828

August Spread (Stable) ±0.1202

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.4281 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.4281

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 6.4843) against the same month in 2010 (average: 7.1783), the exchange rate shifted by -0.6940 (-9.67%).

2011 Avg (January) 6.4843

2010 Avg (January) 7.1783

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.7151	6.3087	6.4843
February	6.4316	6.2405	6.3357
March	6.2647	6.0646	6.1628
April	6.0915	4.4088	4.7347
May	4.6538	4.4027	4.5627
June	4.6275	4.4614	4.5356
July	4.6497	4.4675	4.5462
August	4.5793	4.4591	4.5123
September	4.7998	4.5213	4.6812
October	4.8885	4.5442	4.6967
November	4.8513	4.6597	4.7380
December	4.9417	4.7392	4.8545