2011 HNL to SBD Historical Review

YEARLY HIGH

0.4213 SBD

YEARLY LOW

0.3851 SBD

YEARLY AVERAGE

0.4025 SBD

2011 HNL to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the HNL to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.4213. Conversely, the yearly low was recorded on July 5, dropping to 0.3851.

This high-to-low spread represents a total annual volatility of 0.0361 SBD. From a start-to-finish perspective, comparing the January average rate of 0.4123 to the December average rate of 0.4027, the exchange rate registered a net change of -2.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.4213 was down 2.87% compared to the 2010 peak of 0.4337, 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 2,106 SBD

2010 Average 2,066 SBD

Yearly Trough Low 1,926 SBD

Transaction Impact: A difference of 180.68 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.4144

0.3890

JanuMarcMayJulySeptNove

HNL to SBD 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 0.4060, compared to 0.3991 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0069 points.

H1 Avg (Jan–Jun) 0.4060

H2 Avg (Jul–Dec) 0.3991

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0159 SBD (High: 0.4213 / Low: 0.4053). On the other end, December was the most stable month, with a tight range of 0.0052 SBD (High: 0.4061 / Low: 0.4009).

January Spread (Volatile) ±0.0159

December Spread (Stable) ±0.0052

Growth Streaks & Declines

Trends

Between July and October, 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 0.0083 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0083

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.4123) against the same month in 2010 (average: 0.4161), the exchange rate shifted by -0.0038 (-0.90%).

2011 Avg (January) 0.4123

2010 Avg (January) 0.4161

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4213	0.4053	0.4123
February	0.4133	0.4056	0.4096
March	0.4073	0.4009	0.4044
April	0.4082	0.3980	0.4042
May	0.4135	0.3980	0.4068
June	0.4036	0.3939	0.3985
July	0.3953	0.3851	0.3911
August	0.3974	0.3904	0.3940
September	0.4069	0.3933	0.4008
October	0.4108	0.3993	0.4071
November	0.4056	0.3940	0.3989
December	0.4061	0.4009	0.4027