2011 FKP to ZAR Historical Review

YEARLY HIGH

13.2413 ZAR

YEARLY LOW

10.2394 ZAR

YEARLY AVERAGE

11.6312 ZAR

2011 FKP to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the FKP to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 13.2413. Conversely, the yearly low was recorded on January 3, dropping to 10.2394.

This high-to-low spread represents a total annual volatility of 3.0019 ZAR. From a start-to-finish perspective, comparing the January average rate of 10.9297 to the December average rate of 12.7681, the exchange rate registered a net change of 16.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 13.2413 was up 7.63% compared to the 2010 peak of 12.3031, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 66,206 ZAR

2010 Average 56,531 ZAR

Yearly Trough Low 51,197 ZAR

Transaction Impact: A difference of 15,009.48 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

13.0704

10.7351

JanuMarcMayJulySeptNove

FKP 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 11.1528, compared to 12.1095 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9567 points.

H1 Avg (Jan–Jun) 11.1528

H2 Avg (Jul–Dec) 12.1095

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 1.5456 ZAR (High: 12.8958 / Low: 11.3502). On the other end, June was the most stable month, with a tight range of 0.2308 ZAR (High: 11.1130 / Low: 10.8822).

September Spread (Volatile) ±1.5456

June Spread (Stable) ±0.2308

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 February and March, when the average rate fell by 0.4187 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.4187

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 12.8758) against the same month in 2010 (average: 11.1373), the exchange rate shifted by +1.7385 (+15.61%).

2011 Avg (November) 12.8758

2010 Avg (November) 11.1373

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.4648	10.2394	10.9297
February	11.7796	11.2650	11.5861
March	11.4377	10.8896	11.1674
April	11.1956	10.8125	11.0082
May	11.4453	10.9266	11.2137
June	11.1130	10.8822	11.0116
July	11.2251	10.7028	10.9521
August	11.8785	10.9458	11.6021
September	12.8958	11.3502	11.9191
October	12.8788	12.2762	12.5399
November	13.2413	12.5793	12.8758
December	13.0128	12.5221	12.7681