2011 HNL to TWD Historical Review

YEARLY HIGH

1.6210 TWD

YEARLY LOW

1.5106 TWD

YEARLY AVERAGE

1.5545 TWD

2011 HNL to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the HNL to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 1.6210. Conversely, the yearly low was recorded on May 3, dropping to 1.5106.

This high-to-low spread represents a total annual volatility of 0.1104 TWD. From a start-to-finish perspective, comparing the January average rate of 1.5387 to the December average rate of 1.5965, the exchange rate registered a net change of 3.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.6210 was down 5.60% compared to the 2010 peak of 1.7171, 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 8,105 TWD

2010 Average 8,331 TWD

Yearly Trough Low 7,553 TWD

Transaction Impact: A difference of 552.10 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.6069

1.5117

JanuMarcMayJulySeptNove

HNL to TWD 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 1.5376, compared to 1.5714 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0338 points.

H1 Avg (Jan–Jun) 1.5376

H2 Avg (Jul–Dec) 1.5714

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0767 TWD (High: 1.6126 / Low: 1.5359). On the other end, December was the most stable month, with a tight range of 0.0104 TWD (High: 1.6026 / Low: 1.5922).

September Spread (Volatile) ±0.0767

December Spread (Stable) ±0.0104

Growth Streaks & Declines

Trends

Between May and October, 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 March and April, when the average rate fell by 0.0272 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0272

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 1.5989) against the same month in 2010 (average: 1.6303), the exchange rate shifted by -0.0313 (-1.92%).

2011 Avg (October) 1.5989

2010 Avg (October) 1.6303

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5505	1.5330	1.5387
February	1.5759	1.5220	1.5494
March	1.5677	1.5527	1.5603
April	1.5476	1.5157	1.5331
May	1.5325	1.5106	1.5197
June	1.5327	1.5123	1.5245
July	1.5336	1.5173	1.5250
August	1.5467	1.5292	1.5401
September	1.6126	1.5359	1.5716
October	1.6210	1.5734	1.5989
November	1.6101	1.5829	1.5959
December	1.6026	1.5922	1.5965