2011 HNL to GNF Historical Review

YEARLY HIGH

407.5338 GNF

YEARLY LOW

339.5514 GNF

YEARLY AVERAGE

365.7833 GNF

2011 HNL to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the HNL to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 407.5338. Conversely, the yearly low was recorded on September 8, dropping to 339.5514.

This high-to-low spread represents a total annual volatility of 67.9823 GNF. From a start-to-finish perspective, comparing the January average rate of 381.6676 to the December average rate of 365.4766, the exchange rate registered a net change of -4.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 407.5338 was up 7.44% compared to the 2010 peak of 379.3207, 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 2,037,669 GNF

2010 Average 1,474,777 GNF

Yearly Trough Low 1,697,757 GNF

Transaction Impact: A difference of 339,911.71 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

393.5507

345.6498

JanuMarcMayJulySeptNove

HNL to GNF 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 374.7565, compared to 356.8101 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 17.9464 points.

H1 Avg (Jan–Jun) 374.7565

H2 Avg (Jul–Dec) 356.8101

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 34.4798 GNF (High: 401.7712 / Low: 367.2915). On the other end, April was the most stable month, with a tight range of 2.7120 GNF (High: 374.9153 / Low: 372.2033).

January Spread (Volatile) ±34.4798

April Spread (Stable) ±2.7120

Growth Streaks & Declines

Trends

Between September and December, 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 May and June, when the average rate fell by 19.7530 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -19.7530

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2011: 389.5590) against the same month in 2010 (average: 265.7332), the exchange rate shifted by +123.8258 (+46.60%).

2011 Avg (February) 389.5590

2010 Avg (February) 265.7332

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	401.7712	367.2915	381.6676
February	407.5338	382.4308	389.5590
March	404.0389	371.8438	377.2953
April	374.9153	372.2033	373.2345
May	381.5135	350.3859	373.2678
June	356.0902	350.1107	353.5148
July	355.8511	351.4798	353.5951
August	372.7022	349.1444	357.1212
September	360.0647	339.5514	349.6415
October	361.9551	349.7685	356.7127
November	368.0052	349.3741	358.3133
December	370.7738	355.4731	365.4766