2011 HNL to SCR Historical Review

YEARLY HIGH

0.7284 SCR

YEARLY LOW

0.6372 SCR

YEARLY AVERAGE

0.6583 SCR

2011 HNL to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the HNL to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.7284. Conversely, the yearly low was recorded on July 17, dropping to 0.6372.

This high-to-low spread represents a total annual volatility of 0.0912 SCR. From a start-to-finish perspective, comparing the January average rate of 0.6567 to the December average rate of 0.7038, the exchange rate registered a net change of 7.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.7284 was up 7.46% compared to the 2010 peak of 0.6779, 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 3,642 SCR

2010 Average 3,210 SCR

Yearly Trough Low 3,186 SCR

Transaction Impact: A difference of 456.24 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.7095

0.6411

JanuMarcMayJulySeptNove

HNL to SCR 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 0.6516, compared to 0.6650 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0134 points.

H1 Avg (Jan–Jun) 0.6516

H2 Avg (Jul–Dec) 0.6650

Volatility Range Comparison

Volatility

The most volatile month in 2011 was December, with a trading range of 0.0492 SCR (High: 0.7284 / Low: 0.6792). On the other end, May was the most stable month, with a tight range of 0.0184 SCR (High: 0.6597 / Low: 0.6413).

December Spread (Volatile) ±0.0492

May Spread (Stable) ±0.0184

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 May and June, when the average rate fell by 0.0057 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.7038) against the same month in 2010 (average: 0.6492), the exchange rate shifted by +0.0546 (+8.41%).

2011 Avg (December) 0.7038

2010 Avg (December) 0.6492

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6673	0.6428	0.6567
February	0.6597	0.6402	0.6513
March	0.6660	0.6403	0.6510
April	0.6596	0.6385	0.6475
May	0.6597	0.6413	0.6546
June	0.6593	0.6375	0.6489
July	0.6633	0.6372	0.6468
August	0.6652	0.6398	0.6514
September	0.6626	0.6392	0.6521
October	0.6777	0.6519	0.6621
November	0.6917	0.6602	0.6738
December	0.7284	0.6792	0.7038