2011 GNF to CDF Historical Review

YEARLY HIGH

0.1434 CDF

YEARLY LOW

0.1181 CDF

YEARLY AVERAGE

0.1320 CDF

2011 GNF to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GNF to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 0.1434. Conversely, the yearly low was recorded on February 6, dropping to 0.1181.

This high-to-low spread represents a total annual volatility of 0.0253 CDF. From a start-to-finish perspective, comparing the January average rate of 0.1256 to the December average rate of 0.1306, the exchange rate registered a net change of 3.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1434 was down 22.50% compared to the 2010 peak of 0.1851, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 717 CDF

2010 Average 817 CDF

Yearly Trough Low 590 CDF

Transaction Impact: A difference of 126.57 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1403

0.1228

JanuMarcMayJulySeptNove

GNF to CDF 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 0.1287, compared to 0.1352 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0065 points.

H1 Avg (Jan–Jun) 0.1287

H2 Avg (Jul–Dec) 0.1352

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0116 CDF (High: 0.1317 / Low: 0.1201). On the other end, April was the most stable month, with a tight range of 0.0017 CDF (High: 0.1298 / Low: 0.1281).

January Spread (Volatile) ±0.0116

April Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0036 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 0.1388) against the same month in 2010 (average: 0.1509), the exchange rate shifted by -0.0121 (-8.04%).

2011 Avg (September) 0.1388

2010 Avg (September) 0.1509

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1317	0.1201	0.1256
February	0.1270	0.1181	0.1243
March	0.1302	0.1198	0.1280
April	0.1298	0.1281	0.1291
May	0.1377	0.1264	0.1294
June	0.1370	0.1348	0.1358
July	0.1376	0.1349	0.1364
August	0.1390	0.1304	0.1357
September	0.1434	0.1349	0.1388
October	0.1396	0.1332	0.1356
November	0.1380	0.1298	0.1341
December	0.1338	0.1285	0.1306