2011 HNL to WST Historical Review

YEARLY HIGH

0.1285 WST

YEARLY LOW

0.1139 WST

YEARLY AVERAGE

0.1228 WST

2011 HNL to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the HNL to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.1285. Conversely, the yearly low was recorded on August 4, dropping to 0.1139.

This high-to-low spread represents a total annual volatility of 0.0146 WST. From a start-to-finish perspective, comparing the January average rate of 0.1243 to the December average rate of 0.1265, the exchange rate registered a net change of 1.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1285 was down 10.29% compared to the 2010 peak of 0.1432, 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 643 WST

2010 Average 663 WST

Yearly Trough Low 570 WST

Transaction Impact: A difference of 73.01 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1272

0.1185

JanuMarcMayJulySeptNove

HNL to WST 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 0.1234, compared to 0.1222 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.1234

H2 Avg (Jul–Dec) 0.1222

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0090 WST (High: 0.1274 / Low: 0.1184). On the other end, December was the most stable month, with a tight range of 0.0021 WST (High: 0.1273 / Low: 0.1251).

October Spread (Volatile) ±0.0090

December Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0022 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 0.1241) against the same month in 2010 (average: 0.1253), the exchange rate shifted by -0.0012 (-0.97%).

2011 Avg (November) 0.1241

2010 Avg (November) 0.1253

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1274	0.1223	0.1243
February	0.1267	0.1229	0.1246
March	0.1266	0.1232	0.1243
April	0.1261	0.1197	0.1234
May	0.1239	0.1203	0.1220
June	0.1241	0.1188	0.1215
July	0.1233	0.1155	0.1193
August	0.1224	0.1139	0.1192
September	0.1260	0.1174	0.1212
October	0.1274	0.1184	0.1233
November	0.1285	0.1206	0.1241
December	0.1273	0.1251	0.1265