2011 ETB to PEN Historical Review

YEARLY HIGH

0.2207 PEN

YEARLY LOW

0.1559 PEN

YEARLY AVERAGE

0.1761 PEN

2011 ETB to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ETB to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.2207. Conversely, the yearly low was recorded on December 22, dropping to 0.1559.

This high-to-low spread represents a total annual volatility of 0.0648 PEN. From a start-to-finish perspective, comparing the January average rate of 0.2191 to the December average rate of 0.1564, the exchange rate registered a net change of -28.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.2207 was down 21.46% compared to the 2010 peak of 0.2811, 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 1,104 PEN

2010 Average 1,298 PEN

Yearly Trough Low 780 PEN

Transaction Impact: A difference of 324.07 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.2254

0.1501

JanuMarcMayJulySeptNove

ETB to PEN 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 0.1928, compared to 0.1593 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0335 points.

H1 Avg (Jan–Jun) 0.1928

H2 Avg (Jul–Dec) 0.1593

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.0530 PEN (High: 0.2193 / Low: 0.1662). On the other end, December was the most stable month, with a tight range of 0.0009 PEN (High: 0.1569 / Low: 0.1559).

April Spread (Volatile) ±0.0530

December Spread (Stable) ±0.0009

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 0.0428 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0428

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.2191) against the same month in 2010 (average: 0.2790), the exchange rate shifted by -0.0598 (-21.45%).

2011 Avg (January) 0.2191

2010 Avg (January) 0.2790

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2207	0.2176	0.2191
February	0.2185	0.2170	0.2174
March	0.2200	0.2165	0.2173
April	0.2193	0.1662	0.1745
May	0.1687	0.1630	0.1650
June	0.1653	0.1625	0.1635
July	0.1622	0.1609	0.1614
August	0.1616	0.1599	0.1607
September	0.1621	0.1593	0.1604
October	0.1623	0.1581	0.1597
November	0.1583	0.1568	0.1575
December	0.1569	0.1559	0.1564