2011 GNF to DJF Historical Review

YEARLY HIGH

0.0278 DJF

YEARLY LOW

0.0230 DJF

YEARLY AVERAGE

0.0257 DJF

2011 GNF to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GNF to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 0.0278. Conversely, the yearly low was recorded on February 6, dropping to 0.0230.

This high-to-low spread represents a total annual volatility of 0.0047 DJF. From a start-to-finish perspective, comparing the January average rate of 0.0246 to the December average rate of 0.0257, the exchange rate registered a net change of 4.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0278 was down 22.34% compared to the 2010 peak of 0.0358, 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 139 DJF

2010 Average 162 DJF

Yearly Trough Low 115 DJF

Transaction Impact: A difference of 23.61 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0272

0.0238

JanuMarcMayJulySeptNove

GNF to DJF 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 0.0251, compared to 0.0264 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0251

H2 Avg (Jul–Dec) 0.0264

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0022 DJF (High: 0.0256 / Low: 0.0234). On the other end, April was the most stable month, with a tight range of 0.0002 DJF (High: 0.0252 / Low: 0.0251).

January Spread (Volatile) ±0.0022

April Spread (Stable) ±0.0002

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 September and October, when the average rate fell by 0.0006 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 0.0269) against the same month in 2010 (average: 0.0304), the exchange rate shifted by -0.0035 (-11.42%).

2011 Avg (September) 0.0269

2010 Avg (September) 0.0304

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0256	0.0234	0.0246
February	0.0246	0.0230	0.0241
March	0.0253	0.0233	0.0249
April	0.0252	0.0251	0.0252
May	0.0268	0.0246	0.0252
June	0.0268	0.0264	0.0266
July	0.0267	0.0264	0.0266
August	0.0270	0.0253	0.0265
September	0.0278	0.0261	0.0269
October	0.0269	0.0259	0.0263
November	0.0268	0.0255	0.0262
December	0.0265	0.0253	0.0257