2011 ETB to NAD Historical Review

YEARLY HIGH

0.5735 NAD

YEARLY LOW

0.3902 NAD

YEARLY AVERAGE

0.4619 NAD

2011 ETB to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ETB to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 11, valuing the pair at 0.5735. Conversely, the yearly low was recorded on May 2, dropping to 0.3902.

This high-to-low spread represents a total annual volatility of 0.1832 NAD. From a start-to-finish perspective, comparing the January average rate of 0.5444 to the December average rate of 0.4745, the exchange rate registered a net change of -12.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.5735 was down 19.48% compared to the 2010 peak of 0.7122, 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 2,867 NAD

2010 Average 3,167 NAD

Yearly Trough Low 1,951 NAD

Transaction Impact: A difference of 916.07 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.5804

0.3829

JanuMarcMayJulySeptNove

ETB to NAD 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 0.4794, compared to 0.4444 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0350 points.

H1 Avg (Jan–Jun) 0.4794

H2 Avg (Jul–Dec) 0.4444

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.1369 NAD (High: 0.5278 / Low: 0.3909). On the other end, June was the most stable month, with a tight range of 0.0080 NAD (High: 0.4067 / Low: 0.3987).

April Spread (Volatile) ±0.1369

June Spread (Stable) ±0.0080

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1237 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1237

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2011: 0.5640) against the same month in 2010 (average: 0.7049), the exchange rate shifted by -0.1410 (-20.00%).

2011 Avg (February) 0.5640

2010 Avg (February) 0.7049

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5635	0.5198	0.5444
February	0.5735	0.5451	0.5640
March	0.5534	0.5311	0.5411
April	0.5278	0.3909	0.4175
May	0.4187	0.3902	0.4078
June	0.4067	0.3987	0.4019
July	0.4112	0.3906	0.3994
August	0.4286	0.3947	0.4156
September	0.4694	0.4102	0.4363
October	0.4762	0.4576	0.4657
November	0.4953	0.4614	0.4750
December	0.4874	0.4654	0.4745