2011 JEP to ALL Historical Review

YEARLY HIGH

107.0678 ALL

YEARLY LOW

95.7722 ALL

YEARLY AVERAGE

100.9036 ALL

2011 JEP to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the JEP to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 107.0678. Conversely, the yearly low was recorded on April 28, dropping to 95.7722.

This high-to-low spread represents a total annual volatility of 11.2957 ALL. From a start-to-finish perspective, comparing the January average rate of 103.8700 to the December average rate of 105.0217, the exchange rate registered a net change of 1.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 107.0678 was down 6.18% compared to the 2010 peak of 114.1256, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 535,339 ALL

2010 Average 520,235 ALL

Yearly Trough Low 478,861 ALL

Transaction Impact: A difference of 56,478.26 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

105.7624

96.8739

JanuMarcMayJulySeptNove

JEP to ALL 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 100.2933, compared to 101.5138 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2205 points.

H1 Avg (Jan–Jun) 100.2933

H2 Avg (Jul–Dec) 101.5138

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 6.2769 ALL (High: 106.3875 / Low: 100.1107). On the other end, August was the most stable month, with a tight range of 2.0749 ALL (High: 98.7253 / Low: 96.6503).

October Spread (Volatile) ±6.2769

August Spread (Stable) ±2.0749

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 March and April, when the average rate fell by 2.1637 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -2.1637

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 105.0217) against the same month in 2010 (average: 104.9308), the exchange rate shifted by +0.0909 (+0.09%).

2011 Avg (December) 105.0217

2010 Avg (December) 104.9308

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	106.9822	101.6867	103.8700
February	103.4190	101.0922	102.2780
March	101.3718	98.9395	100.1239
April	99.1410	95.7722	97.9602
May	100.7448	95.7940	98.8413
June	99.7433	97.3679	98.6863
July	99.4965	96.8478	97.9392
August	98.7253	96.6503	97.6146
September	104.2620	98.3229	101.9386
October	106.3875	100.1107	102.6122
November	105.7986	102.6302	103.9566
December	107.0678	101.7131	105.0217