2011 HNL to NAD Historical Review

YEARLY HIGH

0.4505 NAD

YEARLY LOW

0.3474 NAD

YEARLY AVERAGE

0.3837 NAD

2011 HNL to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the HNL to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 0.4505. Conversely, the yearly low was recorded on May 2, dropping to 0.3474.

This high-to-low spread represents a total annual volatility of 0.1031 NAD. From a start-to-finish perspective, comparing the January average rate of 0.3662 to the December average rate of 0.4318, the exchange rate registered a net change of 17.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.4505 was up 8.77% compared to the 2010 peak of 0.4142, 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 2,253 NAD

2010 Average 1,933 NAD

Yearly Trough Low 1,737 NAD

Transaction Impact: A difference of 515.70 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.4394

0.3484

JanuMarcMayJulySeptNove

HNL to NAD 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 0.3651, compared to 0.4024 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0373 points.

H1 Avg (Jan–Jun) 0.3651

H2 Avg (Jul–Dec) 0.4024

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0534 NAD (High: 0.4250 / Low: 0.3716). On the other end, June was the most stable month, with a tight range of 0.0087 NAD (High: 0.3643 / Low: 0.3556).

September Spread (Volatile) ±0.0534

June Spread (Stable) ±0.0087

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0145 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0145

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 0.4307) against the same month in 2010 (average: 0.3694), the exchange rate shifted by +0.0613 (+16.60%).

2011 Avg (November) 0.4307

2010 Avg (November) 0.3694

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3795	0.3495	0.3662
February	0.3865	0.3682	0.3803
March	0.3740	0.3592	0.3658
April	0.3632	0.3487	0.3560
May	0.3727	0.3474	0.3629
June	0.3643	0.3556	0.3592
July	0.3692	0.3513	0.3589
August	0.3888	0.3563	0.3767
September	0.4250	0.3716	0.3952
October	0.4297	0.4140	0.4210
November	0.4505	0.4170	0.4307
December	0.4429	0.4236	0.4318