2011 ETB to PHP Historical Review

YEARLY HIGH

3.5010 PHP

YEARLY LOW

2.4660 PHP

YEARLY AVERAGE

2.7675 PHP

2011 ETB to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ETB to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 25, valuing the pair at 3.5010. Conversely, the yearly low was recorded on August 1, dropping to 2.4660.

This high-to-low spread represents a total annual volatility of 1.0349 PHP. From a start-to-finish perspective, comparing the January average rate of 3.4733 to the December average rate of 2.5292, the exchange rate registered a net change of -27.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 3.5010 was down 19.22% compared to the 2010 peak of 4.3339, 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 17,505 PHP

2010 Average 19,506 PHP

Yearly Trough Low 12,330 PHP

Transaction Impact: A difference of 5,174.72 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

3.5717

2.3908

JanuMarcMayJulySeptNove

ETB to PHP 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 3.0173, compared to 2.5177 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4996 points.

H1 Avg (Jan–Jun) 3.0173

H2 Avg (Jul–Dec) 2.5177

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.8464 PHP (High: 3.3883 / Low: 2.5418). On the other end, June was the most stable month, with a tight range of 0.0288 PHP (High: 2.5848 / Low: 2.5560).

April Spread (Volatile) ±0.8464

June Spread (Stable) ±0.0288

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.7237 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.7237

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 3.4733) against the same month in 2010 (average: 4.2771), the exchange rate shifted by -0.8038 (-18.79%).

2011 Avg (January) 3.4733

2010 Avg (January) 4.2771

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.5010	3.4271	3.4733
February	3.4616	3.3951	3.4211
March	3.4316	3.3831	3.4005
April	3.3883	2.5418	2.6769
May	2.5855	2.5337	2.5647
June	2.5848	2.5560	2.5675
July	2.5430	2.4800	2.5145
August	2.5045	2.4660	2.4892
September	2.5674	2.4671	2.5178
October	2.5728	2.4896	2.5319
November	2.5584	2.4957	2.5239
December	2.5649	2.5064	2.5292