2011 HNL to STD Historical Review

YEARLY HIGH

1004.5648 STD

YEARLY LOW

873.0829 STD

YEARLY AVERAGE

932.9315 STD

2011 HNL to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the HNL to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 1004.5648. Conversely, the yearly low was recorded on May 1, dropping to 873.0829.

This high-to-low spread represents a total annual volatility of 131.4819 STD. From a start-to-finish perspective, comparing the January average rate of 971.8571 to the December average rate of 977.2168, the exchange rate registered a net change of 0.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1004.5648 was down 7.41% compared to the 2010 peak of 1084.9562, 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 5,022,824 STD

2010 Average 4,835,299 STD

Yearly Trough Low 4,365,414 STD

Transaction Impact: A difference of 657,409.64 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

984.6750

895.1759

JanuMarcMayJulySeptNove

HNL to STD 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 927.4161, compared to 938.4468 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.0307 points.

H1 Avg (Jan–Jun) 927.4161

H2 Avg (Jul–Dec) 938.4468

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 64.2237 STD (High: 937.3066 / Low: 873.0829). On the other end, July was the most stable month, with a tight range of 24.3115 STD (High: 918.3569 / Low: 894.0454).

April Spread (Volatile) ±64.2237

July Spread (Stable) ±24.3115

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 25.1967 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -25.1967

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 971.8571) against the same month in 2010 (average: 866.1489), the exchange rate shifted by +105.7082 (+12.20%).

2011 Avg (January) 971.8571

2010 Avg (January) 866.1489

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1004.5648	945.4277	971.8571
February	963.9967	938.3436	952.1402
March	942.1551	911.4337	927.8308
April	937.3066	873.0829	902.6342
May	922.3047	873.0829	906.3222
June	914.4942	886.8235	903.7123
July	918.3569	894.0454	907.5699
August	932.7682	899.9994	913.5203
September	957.6184	903.0641	931.1460
October	977.8175	919.8651	949.7654
November	973.0661	923.8884	951.4625
December	990.9640	958.0149	977.2168