2011 ETB to NZD Historical Review

YEARLY HIGH

0.1085 NZD

YEARLY LOW

0.0670 NZD

YEARLY AVERAGE

0.0811 NZD

2011 ETB to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ETB to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 0.1085. Conversely, the yearly low was recorded on August 1, dropping to 0.0670.

This high-to-low spread represents a total annual volatility of 0.0416 NZD. From a start-to-finish perspective, comparing the January average rate of 0.1025 to the December average rate of 0.0752, the exchange rate registered a net change of -26.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1085 was down 19.56% compared to the 2010 peak of 0.1349, 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 543 NZD

2010 Average 601 NZD

Yearly Trough Low 335 NZD

Transaction Impact: A difference of 207.78 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1091

0.0659

JanuMarcMayJulySeptNove

ETB to NZD 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 0.0895, compared to 0.0727 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0168 points.

H1 Avg (Jan–Jun) 0.0895

H2 Avg (Jul–Dec) 0.0727

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.0285 NZD (High: 0.1021 / Low: 0.0736). On the other end, June was the most stable month, with a tight range of 0.0025 NZD (High: 0.0738 / Low: 0.0713).

April Spread (Volatile) ±0.0285

June Spread (Stable) ±0.0025

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 0.0269 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0269

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2011: 0.1055) against the same month in 2010 (average: 0.1276), the exchange rate shifted by -0.0221 (-17.32%).

2011 Avg (March) 0.1055

2010 Avg (March) 0.1276

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1037	0.1011	0.1025
February	0.1050	0.1007	0.1030
March	0.1085	0.1024	0.1055
April	0.1021	0.0736	0.0787
May	0.0760	0.0722	0.0745
June	0.0738	0.0713	0.0726
July	0.0719	0.0673	0.0695
August	0.0715	0.0670	0.0701
September	0.0765	0.0688	0.0719
October	0.0774	0.0711	0.0739
November	0.0786	0.0733	0.0756
December	0.0772	0.0744	0.0752