2011 HNL to CDF Historical Review

YEARLY HIGH

48.8244 CDF

YEARLY LOW

46.8959 CDF

YEARLY AVERAGE

48.2004 CDF

2011 HNL to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the HNL to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 48.8244. Conversely, the yearly low was recorded on January 2, dropping to 46.8959.

This high-to-low spread represents a total annual volatility of 1.9285 CDF. From a start-to-finish perspective, comparing the January average rate of 47.9194 to the December average rate of 47.7210, the exchange rate registered a net change of -0.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 48.8244 was down 0.98% compared to the 2010 peak of 49.3070, 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 244,122 CDF

2010 Average 236,643 CDF

Yearly Trough Low 234,479 CDF

Transaction Impact: A difference of 9,642.42 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

48.5975

47.6413

JanuMarcMayJulySeptNove

HNL 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 48.1743, compared to 48.2266 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0522 points.

H1 Avg (Jan–Jun) 48.1743

H2 Avg (Jul–Dec) 48.2266

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 1.4655 CDF (High: 48.3614 / Low: 46.8959). On the other end, May was the most stable month, with a tight range of 0.3009 CDF (High: 48.4004 / Low: 48.0995).

January Spread (Volatile) ±1.4655

May Spread (Stable) ±0.3009

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.3344 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3344

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 48.3768) against the same month in 2010 (average: 47.5744), the exchange rate shifted by +0.8024 (+1.69%).

2011 Avg (October) 48.3768

2010 Avg (October) 47.5744

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	48.3614	46.8959	47.9194
February	48.6302	47.9487	48.3872
March	48.6586	47.9887	48.2817
April	48.3953	47.9858	48.1828
May	48.4004	48.0995	48.2751
June	48.4779	47.6983	47.9997
July	48.6575	47.9749	48.2459
August	48.6425	47.9749	48.4425
September	48.7989	48.3036	48.5178
October	48.8244	47.9324	48.3768
November	48.3092	47.5966	48.0554
December	48.0513	47.4383	47.7210