2011 EUR to ZAR Historical Review

YEARLY HIGH

11.3770 ZAR

YEARLY LOW

8.8277 ZAR

YEARLY AVERAGE

10.0894 ZAR

2011 EUR to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the EUR to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 11.3770. Conversely, the yearly low was recorded on January 7, dropping to 8.8277.

This high-to-low spread represents a total annual volatility of 2.5493 ZAR. From a start-to-finish perspective, comparing the January average rate of 9.2688 to the December average rate of 10.7722, the exchange rate registered a net change of 16.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 11.3770 was up 5.36% compared to the 2010 peak of 10.7979, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 EUR based on timing:

Yearly Peak High 56,885 ZAR

2010 Average 48,531 ZAR

Yearly Trough Low 44,138 ZAR

Transaction Impact: A difference of 12,746.65 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

11.2239

9.0911

JanuMarcMayJulySeptNove

EUR to ZAR 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 9.6815, compared to 10.4972 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8157 points.

H1 Avg (Jan–Jun) 9.6815

H2 Avg (Jul–Dec) 10.4972

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 1.3148 ZAR (High: 11.2563 / Low: 9.9414). On the other end, June was the most stable month, with a tight range of 0.1939 ZAR (High: 9.8780 / Low: 9.6841).

September Spread (Volatile) ±1.3148

June Spread (Stable) ±0.1939

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 November and December, when the average rate fell by 0.2740 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.2740

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 11.0462) against the same month in 2010 (average: 9.5181), the exchange rate shifted by +1.5280 (+16.05%).

2011 Avg (November) 11.0462

2010 Avg (November) 9.5181

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.8436	8.8277	9.2688
February	9.8981	9.6126	9.8076
March	9.9302	9.5157	9.6902
April	9.9154	9.5310	9.7214
May	9.9256	9.6548	9.8277
June	9.8780	9.6841	9.7734
July	9.8421	9.5348	9.6949
August	10.4257	9.5521	10.1678
September	11.2563	9.9414	10.3860
October	11.2092	10.6663	10.9162
November	11.3770	10.8427	11.0462
December	10.9224	10.4804	10.7722