2011 HTG to CVE Historical Review

YEARLY HIGH

2.1231 CVE

YEARLY LOW

1.8134 CVE

YEARLY AVERAGE

1.9534 CVE

2011 HTG to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the HTG to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 2.1231. Conversely, the yearly low was recorded on May 4, dropping to 1.8134.

This high-to-low spread represents a total annual volatility of 0.3096 CVE. From a start-to-finish perspective, comparing the January average rate of 2.0498 to the December average rate of 2.0700, the exchange rate registered a net change of 0.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.1231 was down 7.45% compared to the 2010 peak of 2.2941, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 HTG based on timing:

Yearly Peak High 10,615 CVE

2010 Average 10,368 CVE

Yearly Trough Low 9,067 CVE

Transaction Impact: A difference of 1,548.18 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.0892

1.8583

JanuMarcMayJulySeptNove

HTG to CVE 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 1.9366, compared to 1.9701 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0335 points.

H1 Avg (Jan–Jun) 1.9366

H2 Avg (Jul–Dec) 1.9701

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.1533 CVE (High: 2.1231 / Low: 1.9698). On the other end, August was the most stable month, with a tight range of 0.0479 CVE (High: 1.9210 / Low: 1.8732).

January Spread (Volatile) ±0.1533

August Spread (Stable) ±0.0479

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 January and February, when the average rate fell by 0.0672 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0672

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 2.0498) against the same month in 2010 (average: 1.9237), the exchange rate shifted by +0.1262 (+6.56%).

2011 Avg (January) 2.0498

2010 Avg (January) 1.9237

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1231	1.9698	2.0498
February	2.0081	1.9556	1.9827
March	1.9643	1.8999	1.9370
April	1.9315	1.8277	1.8776
May	1.9488	1.8134	1.8869
June	1.9271	1.8554	1.8858
July	1.9550	1.8666	1.9042
August	1.9210	1.8732	1.8953
September	2.0223	1.9009	1.9710
October	2.0478	1.9058	1.9743
November	2.0675	1.9601	2.0060
December	2.1166	2.0086	2.0700