2011 HNL to GIP Historical Review

YEARLY HIGH

0.0345 GIP

YEARLY LOW

0.0317 GIP

YEARLY AVERAGE

0.0330 GIP

2011 HNL to GIP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the HNL to GIP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.0345. Conversely, the yearly low was recorded on May 2, dropping to 0.0317.

This high-to-low spread represents a total annual volatility of 0.0028 GIP. From a start-to-finish perspective, comparing the January average rate of 0.0335 to the December average rate of 0.0338, the exchange rate registered a net change of 0.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0345 was down 6.79% compared to the 2010 peak of 0.0370, 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 173 GIP

2010 Average 171 GIP

Yearly Trough Low 158 GIP

Transaction Impact: A difference of 14.13 GIP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0339

0.0322

JanuMarcMayJulySeptNove

HNL to GIP 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 0.0327, compared to 0.0333 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0327

H2 Avg (Jul–Dec) 0.0333

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0018 GIP (High: 0.0345 / Low: 0.0327). On the other end, February was the most stable month, with a tight range of 0.0005 GIP (High: 0.0331 / Low: 0.0326).

October Spread (Volatile) ±0.0018

February Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between April and July, 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 January and February, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 0.0335) against the same month in 2010 (average: 0.0333), the exchange rate shifted by +0.0002 (+0.60%).

2011 Avg (October) 0.0335

2010 Avg (October) 0.0333

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0342	0.0330	0.0335
February	0.0331	0.0326	0.0328
March	0.0331	0.0322	0.0328
April	0.0330	0.0317	0.0323
May	0.0328	0.0317	0.0323
June	0.0332	0.0322	0.0326
July	0.0334	0.0323	0.0328
August	0.0330	0.0321	0.0325
September	0.0344	0.0327	0.0335
October	0.0345	0.0327	0.0335
November	0.0343	0.0329	0.0334
December	0.0342	0.0336	0.0338