2011 GIP to SGD Historical Review

YEARLY HIGH

2.0720 SGD

YEARLY LOW

1.9331 SGD

YEARLY AVERAGE

2.0152 SGD

2011 GIP to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GIP to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 2.0720. Conversely, the yearly low was recorded on September 7, dropping to 1.9331.

This high-to-low spread represents a total annual volatility of 0.1390 SGD. From a start-to-finish perspective, comparing the January average rate of 2.0277 to the December average rate of 2.0220, the exchange rate registered a net change of -0.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.0720 was down 9.07% compared to the 2010 peak of 2.2788, 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 10,360 SGD

2010 Average 10,527 SGD

Yearly Trough Low 9,665 SGD

Transaction Impact: A difference of 694.91 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.0666

1.9519

JanuMarcMayJulySeptNove

GIP to SGD 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 2.0330, compared to 1.9974 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0356 points.

H1 Avg (Jan–Jun) 2.0330

H2 Avg (Jul–Dec) 1.9974

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0969 SGD (High: 2.0299 / Low: 1.9331). On the other end, February was the most stable month, with a tight range of 0.0279 SGD (High: 2.0720 / Low: 2.0442).

September Spread (Volatile) ±0.0969

February Spread (Stable) ±0.0279

Growth Streaks & Declines

Trends

Between September and November, 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 June and July, when the average rate fell by 0.0390 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0390

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2011: 2.0571) against the same month in 2010 (average: 2.2009), the exchange rate shifted by -0.1438 (-6.54%).

2011 Avg (February) 2.0571

2010 Avg (February) 2.2009

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0564	1.9906	2.0277
February	2.0720	2.0442	2.0571
March	2.0687	2.0144	2.0477
April	2.0556	2.0231	2.0405
May	2.0408	2.0050	2.0244
June	2.0246	1.9668	2.0005
July	1.9769	1.9418	1.9615
August	2.0050	1.9591	1.9783
September	2.0299	1.9331	1.9743
October	2.0350	1.9946	2.0112
November	2.0576	2.0135	2.0374
December	2.0345	2.0030	2.0220