2011 HNL to MVR Historical Review

YEARLY HIGH

0.7549 MVR

YEARLY LOW

0.6760 MVR

YEARLY AVERAGE

0.7203 MVR

2011 HNL to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the HNL to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 0.7549. Conversely, the yearly low was recorded on March 22, dropping to 0.6760.

This high-to-low spread represents a total annual volatility of 0.0789 MVR. From a start-to-finish perspective, comparing the January average rate of 0.6765 to the December average rate of 0.7430, the exchange rate registered a net change of 9.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.7549 was up 11.13% compared to the 2010 peak of 0.6793, 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 3,774 MVR

2010 Average 3,383 MVR

Yearly Trough Low 3,380 MVR

Transaction Impact: A difference of 394.66 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.7556

0.6693

JanuMarcMayJulySeptNove

HNL to MVR 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 0.6952, compared to 0.7453 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0500 points.

H1 Avg (Jan–Jun) 0.6952

H2 Avg (Jul–Dec) 0.7453

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.0699 MVR (High: 0.7466 / Low: 0.6767). On the other end, January was the most stable month, with a tight range of 0.0003 MVR (High: 0.6767 / Low: 0.6764).

May Spread (Volatile) ±0.0699

January Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0018 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 0.7484) against the same month in 2010 (average: 0.6765), the exchange rate shifted by +0.0719 (+10.63%).

2011 Avg (August) 0.7484

2010 Avg (August) 0.6765

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6767	0.6764	0.6765
February	0.6774	0.6764	0.6767
March	0.6780	0.6760	0.6769
April	0.6772	0.6765	0.6768
May	0.7466	0.6767	0.7211
June	0.7467	0.7413	0.7435
July	0.7478	0.7430	0.7448
August	0.7549	0.7459	0.7484
September	0.7487	0.7450	0.7468
October	0.7475	0.7420	0.7451
November	0.7460	0.7409	0.7434
December	0.7453	0.7419	0.7430