2011 ETB to DJF Historical Review

YEARLY HIGH

13.9821 DJF

YEARLY LOW

10.3012 DJF

YEARLY AVERAGE

11.3519 DJF

2011 ETB to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ETB to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 13.9821. Conversely, the yearly low was recorded on November 30, dropping to 10.3012.

This high-to-low spread represents a total annual volatility of 3.6809 DJF. From a start-to-finish perspective, comparing the January average rate of 13.9644 to the December average rate of 10.3280, the exchange rate registered a net change of -26.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 13.9821 was down 15.90% compared to the 2010 peak of 16.6251, 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 69,910 DJF

2010 Average 76,791 DJF

Yearly Trough Low 51,506 DJF

Transaction Impact: A difference of 18,404.28 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

14.3281

9.9644

JanuMarcMayJulySeptNove

ETB to DJF 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 12.3145, compared to 10.3892 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9253 points.

H1 Avg (Jan–Jun) 12.3145

H2 Avg (Jul–Dec) 10.3892

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 3.3797 DJF (High: 13.8924 / Low: 10.5127). On the other end, October was the most stable month, with a tight range of 0.0159 DJF (High: 10.3873 / Low: 10.3714).

April Spread (Volatile) ±3.3797

October Spread (Stable) ±0.0159

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 2.8827 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -2.8827

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 13.9644) against the same month in 2010 (average: 16.5000), the exchange rate shifted by -2.5356 (-15.37%).

2011 Avg (January) 13.9644

2010 Avg (January) 16.5000

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.9821	13.9469	13.9644
February	13.9466	13.9148	13.9337
March	13.9204	13.8850	13.9010
April	13.8924	10.5127	11.0183
May	10.5687	10.5017	10.5564
June	10.5563	10.4847	10.5133
July	10.4858	10.4325	10.4608
August	10.4930	10.3543	10.4227
September	10.4112	10.3846	10.3952
October	10.3873	10.3714	10.3804
November	10.3969	10.3012	10.3485
December	10.3817	10.3076	10.3280