2011 HNL to IRR Historical Review

YEARLY HIGH

614.5777 IRR

YEARLY LOW

480.5535 IRR

YEARLY AVERAGE

556.3932 IRR

2011 HNL to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the HNL to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 614.5777. Conversely, the yearly low was recorded on November 20, dropping to 480.5535.

This high-to-low spread represents a total annual volatility of 134.0242 IRR. From a start-to-finish perspective, comparing the January average rate of 548.3284 to the December average rate of 570.3896, the exchange rate registered a net change of 4.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 614.5777 was up 10.20% compared to the 2010 peak of 557.6780, 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 3,072,888 IRR

2010 Average 2,660,794 IRR

Yearly Trough Low 2,402,767 IRR

Transaction Impact: A difference of 670,121.02 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

581.9551

523.0638

JanuMarcMayJulySeptNove

HNL to IRR 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 554.7270, compared to 558.0594 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.3324 points.

H1 Avg (Jan–Jun) 554.7270

H2 Avg (Jul–Dec) 558.0594

Volatility Range Comparison

Volatility

The most volatile month in 2011 was December, with a trading range of 104.0128 IRR (High: 587.1136 / Low: 483.1008). On the other end, January was the most stable month, with a tight range of 2.8756 IRR (High: 549.9519 / Low: 547.0763).

December Spread (Volatile) ±104.0128

January Spread (Stable) ±2.8756

Growth Streaks & Declines

Trends

Between March and June, 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 October and November, when the average rate fell by 33.8550 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -33.8550

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2011: 577.0474) against the same month in 2010 (average: 528.9365), the exchange rate shifted by +48.1110 (+9.10%).

2011 Avg (June) 577.0474

2010 Avg (June) 528.9365

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	549.9519	547.0763	548.3284
February	548.4348	545.4689	547.3502
March	550.4374	543.9025	546.3886
April	555.3506	550.1361	551.9633
May	561.2963	553.1370	557.2839
June	614.5777	559.7092	577.0474
July	564.3652	557.3137	560.4336
August	563.6111	559.5781	562.2773
September	568.7634	561.0587	565.4579
October	567.1156	556.4340	561.8263
November	572.9246	480.5535	527.9714
December	587.1136	483.1008	570.3896