2011 ETB to MRO Historical Review

YEARLY HIGH

22.5551 MRO

YEARLY LOW

15.8940 MRO

YEARLY AVERAGE

17.8704 MRO

2011 ETB to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ETB to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 22.5551. Conversely, the yearly low was recorded on May 15, dropping to 15.8940.

This high-to-low spread represents a total annual volatility of 6.6611 MRO. From a start-to-finish perspective, comparing the January average rate of 22.0220 to the December average rate of 16.5989, the exchange rate registered a net change of -24.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 22.5551 was down 11.16% compared to the 2010 peak of 25.3872, 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 112,775 MRO

2010 Average 118,189 MRO

Yearly Trough Low 79,470 MRO

Transaction Impact: A difference of 33,305.47 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

22.7024

15.5291

JanuMarcMayJulySeptNove

ETB to MRO 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 19.2558, compared to 16.4849 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.7709 points.

H1 Avg (Jan–Jun) 19.2558

H2 Avg (Jul–Dec) 16.4849

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 5.6950 MRO (High: 21.8026 / Low: 16.1075). On the other end, December was the most stable month, with a tight range of 0.2366 MRO (High: 16.7255 / Low: 16.4889).

April Spread (Volatile) ±5.6950

December Spread (Stable) ±0.2366

Growth Streaks & Declines

Trends

Between May and October, 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 5.0142 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -5.0142

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2011: 22.1046) against the same month in 2010 (average: 23.9385), the exchange rate shifted by -1.8339 (-7.66%).

2011 Avg (February) 22.1046

2010 Avg (February) 23.9385

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.2963	21.6542	22.0220
February	22.5551	21.5535	22.1046
March	22.4302	21.5734	22.0748
April	21.8026	16.1075	17.0606
May	16.2863	15.8940	16.1269
June	16.3010	15.9521	16.1458
July	16.3482	16.0630	16.2109
August	16.5776	16.1090	16.3002
September	16.5558	16.3124	16.4352
October	17.0171	16.4975	16.7832
November	16.7941	16.2923	16.5813
December	16.7255	16.4889	16.5989