2011 GIP to ETB Historical Review

YEARLY HIGH

28.2056 ETB

YEARLY LOW

19.6660 ETB

YEARLY AVERAGE

25.5169 ETB

2011 GIP to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GIP to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 19, valuing the pair at 28.2056. Conversely, the yearly low was recorded on January 9, dropping to 19.6660.

This high-to-low spread represents a total annual volatility of 8.5396 ETB. From a start-to-finish perspective, comparing the January average rate of 20.0580 to the December average rate of 26.9326, the exchange rate registered a net change of 34.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 28.2056 was up 36.95% compared to the 2010 peak of 20.5960, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 141,028 ETB

2010 Average 89,832 ETB

Yearly Trough Low 98,330 ETB

Transaction Impact: A difference of 42,698.20 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

28.6706

19.2750

JanuMarcMayJulySeptNove

GIP to ETB 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 23.8068, compared to 27.2271 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.4203 points.

H1 Avg (Jan–Jun) 23.8068

H2 Avg (Jul–Dec) 27.2271

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 7.6046 ETB (High: 28.1389 / Low: 20.5342). On the other end, February was the most stable month, with a tight range of 0.3265 ETB (High: 20.7187 / Low: 20.3922).

April Spread (Volatile) ±7.6046

February Spread (Stable) ±0.3265

Growth Streaks & Declines

Trends

Between January and May, 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 August and September, when the average rate fell by 0.8630 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.8630

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 27.8876) against the same month in 2010 (average: 17.5903), the exchange rate shifted by +10.2973 (+58.54%).

2011 Avg (August) 27.8876

2010 Avg (August) 17.5903

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.3883	19.6660	20.0580
February	20.7187	20.3922	20.5599
March	20.9509	20.4251	20.6411
April	28.1389	20.5342	26.6484
May	28.0818	27.1848	27.5311
June	27.7747	27.0172	27.4022
July	27.8816	26.8665	27.3987
August	28.2056	27.5220	27.8876
September	27.6862	26.3335	27.0247
October	27.5933	26.1944	26.9787
November	27.4954	26.5567	27.1402
December	27.0966	26.6310	26.9326