2011 HUF to MRO Historical Review

YEARLY HIGH

1.5403 MRO

YEARLY LOW

1.1764 MRO

YEARLY AVERAGE

1.3985 MRO

2011 HUF to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the HUF to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on April 11, valuing the pair at 1.5403. Conversely, the yearly low was recorded on December 31, dropping to 1.1764.

This high-to-low spread represents a total annual volatility of 0.3639 MRO. From a start-to-finish perspective, comparing the January average rate of 1.3618 to the December average rate of 1.2381, the exchange rate registered a net change of -9.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.5403 was up 4.58% compared to the 2010 peak of 1.4728, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 1,540,270 MRO

2010 Average 1,320,092 MRO

Yearly Trough Low 1,176,393 MRO

Transaction Impact: A difference of 363,877.04 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.5257

1.2120

JanuMarcMayJulySeptNove

HUF to MRO 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 1.4450, compared to 1.3521 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0929 points.

H1 Avg (Jan–Jun) 1.4450

H2 Avg (Jul–Dec) 1.3521

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.1636 MRO (High: 1.4599 / Low: 1.2963). On the other end, June was the most stable month, with a tight range of 0.0848 MRO (High: 1.5148 / Low: 1.4300).

September Spread (Volatile) ±0.1636

June Spread (Stable) ±0.0848

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.1010 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 1.4995) against the same month in 2010 (average: 1.3411), the exchange rate shifted by +0.1585 (+11.82%).

2011 Avg (April) 1.4995

2010 Avg (April) 1.3411

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4030	1.2909	1.3618
February	1.4700	1.3850	1.4196
March	1.5198	1.4071	1.4593
April	1.5403	1.4495	1.4995
May	1.5308	1.4117	1.4583
June	1.5148	1.4300	1.4715
July	1.5074	1.4214	1.4712
August	1.5122	1.4217	1.4627
September	1.4599	1.2963	1.3618
October	1.3646	1.2430	1.3291
November	1.2945	1.2027	1.2495
December	1.2887	1.1764	1.2381