2011 ETB to HNL Historical Review

YEARLY HIGH

1.4885 HNL

YEARLY LOW

1.0968 HNL

YEARLY AVERAGE

1.2077 HNL

2011 ETB to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ETB to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.4885. Conversely, the yearly low was recorded on December 12, dropping to 1.0968.

This high-to-low spread represents a total annual volatility of 0.3917 HNL. From a start-to-finish perspective, comparing the January average rate of 1.4866 to the December average rate of 1.0989, the exchange rate registered a net change of -26.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.4885 was down 15.91% compared to the 2010 peak of 1.7701, 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 7,443 HNL

2010 Average 8,175 HNL

Yearly Trough Low 5,484 HNL

Transaction Impact: A difference of 1,958.71 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.5254

1.0601

JanuMarcMayJulySeptNove

ETB to HNL 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 1.3107, compared to 1.1047 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2060 points.

H1 Avg (Jan–Jun) 1.3107

H2 Avg (Jul–Dec) 1.1047

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.3591 HNL (High: 1.4778 / Low: 1.1187). On the other end, October was the most stable month, with a tight range of 0.0033 HNL (High: 1.1081 / Low: 1.1048).

April Spread (Volatile) ±0.3591

October Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between August and October, 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 0.3067 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 1.4866) against the same month in 2010 (average: 1.7568), the exchange rate shifted by -0.2702 (-15.38%).

2011 Avg (January) 1.4866

2010 Avg (January) 1.7568

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4885	1.4848	1.4866
February	1.4847	1.4803	1.4831
March	1.4813	1.4767	1.4793
April	1.4778	1.1187	1.1726
May	1.1248	1.1173	1.1236
June	1.1235	1.1156	1.1189
July	1.1158	1.1085	1.1128
August	1.1079	1.0972	1.1033
September	1.1055	1.1019	1.1042
October	1.1081	1.1048	1.1061
November	1.1076	1.0970	1.1029
December	1.1006	1.0968	1.0989