2011 GIP to SHP Historical Review

YEARLY HIGH

1.0071 SHP

YEARLY LOW

0.9941 SHP

YEARLY AVERAGE

0.9997 SHP

2011 GIP to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GIP to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 1.0071. Conversely, the yearly low was recorded on July 13, dropping to 0.9941.

This high-to-low spread represents a total annual volatility of 0.0129 SHP. From a start-to-finish perspective, comparing the January average rate of 0.9994 to the December average rate of 1.0005, the exchange rate registered a net change of 0.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.0071 was down 0.43% compared to the 2010 peak of 1.0114, 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 5,035 SHP

2010 Average 4,999 SHP

Yearly Trough Low 4,971 SHP

Transaction Impact: A difference of 64.70 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.0007

0.9985

JanuMarcMayJulySeptNove

GIP to SHP 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 0.9997, compared to 0.9997 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.9997

H2 Avg (Jul–Dec) 0.9997

Volatility Range Comparison

Volatility

The most volatile month in 2011 was December, with a trading range of 0.0105 SHP (High: 1.0071 / Low: 0.9966). On the other end, February was the most stable month, with a tight range of 0.0034 SHP (High: 1.0019 / Low: 0.9985).

December Spread (Volatile) ±0.0105

February Spread (Stable) ±0.0034

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 June and July, when the average rate fell by 0.0012 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 1.0005) against the same month in 2010 (average: 0.9996), the exchange rate shifted by +0.0010 (+0.10%).

2011 Avg (December) 1.0005

2010 Avg (December) 0.9996

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0024	0.9952	0.9994
February	1.0019	0.9985	0.9995
March	1.0029	0.9958	0.9996
April	1.0015	0.9976	0.9997
May	1.0041	0.9976	1.0001
June	1.0031	0.9969	0.9999
July	1.0016	0.9941	0.9987
August	1.0035	0.9967	0.9997
September	1.0041	0.9960	1.0003
October	1.0023	0.9958	0.9992
November	1.0022	0.9959	0.9999
December	1.0071	0.9966	1.0005