2011 ETB to IRR Historical Review

YEARLY HIGH

817.9326 IRR

YEARLY LOW

529.0886 IRR

YEARLY AVERAGE

671.1106 IRR

2011 ETB to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ETB to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 817.9326. Conversely, the yearly low was recorded on November 20, dropping to 529.0886.

This high-to-low spread represents a total annual volatility of 288.8440 IRR. From a start-to-finish perspective, comparing the January average rate of 815.1666 to the December average rate of 626.8075, the exchange rate registered a net change of -23.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 817.9326 was down 11.43% compared to the 2010 peak of 923.4880, 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 4,089,663 IRR

2010 Average 4,345,690 IRR

Yearly Trough Low 2,645,443 IRR

Transaction Impact: A difference of 1,444,219.94 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

838.4365

559.1978

JanuMarcMayJulySeptNove

ETB to IRR 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 725.7030, compared to 616.5182 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 109.1848 points.

H1 Avg (Jan–Jun) 725.7030

H2 Avg (Jul–Dec) 616.5182

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 194.7359 IRR (High: 814.6096 / Low: 619.8737). On the other end, August was the most stable month, with a tight range of 3.8228 IRR (High: 621.4772 / Low: 617.6545).

April Spread (Volatile) ±194.7359

August Spread (Stable) ±3.8228

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 161.0559 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -161.0559

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 815.1666) against the same month in 2010 (average: 918.9728), the exchange rate shifted by -103.8062 (-11.30%).

2011 Avg (January) 815.1666

2010 Avg (January) 918.9728

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	817.9326	813.2190	815.1666
February	814.0335	808.3124	811.7739
March	813.9510	804.9113	808.2536
April	814.6096	619.8737	647.1977
May	630.6569	621.5072	626.1862
June	687.5245	627.2175	645.6403
July	628.0002	619.3040	623.6458
August	621.4772	617.6545	620.3758
September	628.5596	618.8693	624.3716
October	626.5646	614.9927	621.4409
November	634.0969	529.0886	582.4677
December	644.7802	530.4632	626.8075