2011 HNL to SAR Historical Review

YEARLY HIGH

0.2009 SAR

YEARLY LOW

0.1974 SAR

YEARLY AVERAGE

0.1983 SAR

2011 HNL to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the HNL to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 0.2009. Conversely, the yearly low was recorded on December 28, dropping to 0.1974.

This high-to-low spread represents a total annual volatility of 0.0035 SAR. From a start-to-finish perspective, comparing the January average rate of 0.1982 to the December average rate of 0.1978, the exchange rate registered a net change of -0.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.2009 was up 1.36% compared to the 2010 peak of 0.1982, 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 1,005 SAR

2010 Average 991 SAR

Yearly Trough Low 987 SAR

Transaction Impact: A difference of 17.75 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1995

0.1977

JanuMarcMayJulySeptNove

HNL to SAR 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 0.1983, compared to 0.1984 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.1983

H2 Avg (Jul–Dec) 0.1984

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0024 SAR (High: 0.2009 / Low: 0.1985). On the other end, January was the most stable month, with a tight range of 0.0000 SAR (High: 0.1982 / Low: 0.1982).

August Spread (Volatile) ±0.0024

January Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between May and August, 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 August and September, 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 (August 2011: 0.1993) against the same month in 2010 (average: 0.1982), the exchange rate shifted by +0.0011 (+0.57%).

2011 Avg (August) 0.1993

2010 Avg (August) 0.1982

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1982	0.1982	0.1982
February	0.1984	0.1982	0.1982
March	0.1986	0.1980	0.1983
April	0.1984	0.1982	0.1983
May	0.1984	0.1982	0.1982
June	0.1984	0.1982	0.1983
July	0.1989	0.1981	0.1984
August	0.2009	0.1985	0.1993
September	0.1993	0.1983	0.1987
October	0.1984	0.1976	0.1980
November	0.1983	0.1976	0.1979
December	0.1983	0.1974	0.1978