2011 ETB to MZN Historical Review

YEARLY HIGH

2.6121 MZN

YEARLY LOW

1.5255 MZN

YEARLY AVERAGE

1.8574 MZN

2011 ETB to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ETB to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 2.6121. Conversely, the yearly low was recorded on November 28, dropping to 1.5255.

This high-to-low spread represents a total annual volatility of 1.0866 MZN. From a start-to-finish perspective, comparing the January average rate of 2.5506 to the December average rate of 1.5459, the exchange rate registered a net change of -39.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.6121 was down 23.81% compared to the 2010 peak of 3.4284, 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 13,061 MZN

2010 Average 14,724 MZN

Yearly Trough Low 7,628 MZN

Transaction Impact: A difference of 5,432.82 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.6510

1.4455

JanuMarcMayJulySeptNove

ETB to MZN 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 2.1443, compared to 1.5704 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5739 points.

H1 Avg (Jan–Jun) 2.1443

H2 Avg (Jul–Dec) 1.5704

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.6018 MZN (High: 2.4124 / Low: 1.8107). On the other end, March was the most stable month, with a tight range of 0.0404 MZN (High: 2.4387 / Low: 2.3983).

April Spread (Volatile) ±0.6018

March Spread (Stable) ±0.0404

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 0.5016 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.5016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 2.5506) against the same month in 2010 (average: 2.8057), the exchange rate shifted by -0.2552 (-9.09%).

2011 Avg (January) 2.5506

2010 Avg (January) 2.8057

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6121	2.5271	2.5506
February	2.5350	2.4389	2.4736
March	2.4387	2.3983	2.4223
April	2.4124	1.8107	1.9207
May	1.8584	1.7346	1.7852
June	1.7608	1.6606	1.7136
July	1.6756	1.5910	1.6393
August	1.6091	1.5549	1.5693
September	1.5977	1.5439	1.5676
October	1.5836	1.5415	1.5521
November	1.5822	1.5255	1.5481
December	1.5668	1.5261	1.5459