2011 HNL to BRL Historical Review

YEARLY HIGH

0.1001 BRL

YEARLY LOW

0.0812 BRL

YEARLY AVERAGE

0.0885 BRL

2011 HNL to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the HNL to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.1001. Conversely, the yearly low was recorded on July 26, dropping to 0.0812.

This high-to-low spread represents a total annual volatility of 0.0189 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0886 to the December average rate of 0.0968, the exchange rate registered a net change of 9.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1001 was up 0.23% compared to the 2010 peak of 0.0999, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 501 BRL

2010 Average 465 BRL

Yearly Trough Low 406 BRL

Transaction Impact: A difference of 94.33 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0983

0.0813

JanuMarcMayJulySeptNove

HNL to BRL 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 0.0862, compared to 0.0908 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.0862

H2 Avg (Jul–Dec) 0.0908

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0149 BRL (High: 0.0998 / Low: 0.0850). On the other end, February was the most stable month, with a tight range of 0.0009 BRL (High: 0.0886 / Low: 0.0877).

September Spread (Volatile) ±0.0149

February Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between July and December, 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 March and April, when the average rate fell by 0.0040 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 0.0944) against the same month in 2010 (average: 0.0905), the exchange rate shifted by +0.0039 (+4.29%).

2011 Avg (November) 0.0944

2010 Avg (November) 0.0905

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0894	0.0872	0.0886
February	0.0886	0.0877	0.0881
March	0.0884	0.0859	0.0877
April	0.0860	0.0827	0.0837
May	0.0865	0.0833	0.0852
June	0.0851	0.0827	0.0840
July	0.0837	0.0812	0.0827
August	0.0867	0.0825	0.0850
September	0.0998	0.0850	0.0921
October	0.0999	0.0889	0.0935
November	0.1001	0.0912	0.0944
December	0.0988	0.0943	0.0968