2011 JMD to ETB Historical Review

YEARLY HIGH

0.2009 ETB

YEARLY LOW

0.1459 ETB

YEARLY AVERAGE

0.1854 ETB

2011 JMD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the JMD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 12, valuing the pair at 0.2009. Conversely, the yearly low was recorded on January 5, dropping to 0.1459.

This high-to-low spread represents a total annual volatility of 0.0551 ETB. From a start-to-finish perspective, comparing the January average rate of 0.1465 to the December average rate of 0.2000, the exchange rate registered a net change of 36.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.2009 was up 36.89% compared to the 2010 peak of 0.1468, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,005 ETB

2010 Average 663 ETB

Yearly Trough Low 729 ETB

Transaction Impact: A difference of 275.26 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.2054

0.1412

JanuMarcMayJulySeptNove

JMD to ETB 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 0.1712, compared to 0.1996 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0285 points.

H1 Avg (Jan–Jun) 0.1712

H2 Avg (Jul–Dec) 0.1996

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.0515 ETB (High: 0.1988 / Low: 0.1473). On the other end, March was the most stable month, with a tight range of 0.0008 ETB (High: 0.1474 / Low: 0.1466).

April Spread (Volatile) ±0.0515

March Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0004 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 0.1995) against the same month in 2010 (average: 0.1294), the exchange rate shifted by +0.0701 (+54.20%).

2011 Avg (August) 0.1995

2010 Avg (August) 0.1294

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1471	0.1459	0.1465
February	0.1473	0.1464	0.1468
March	0.1474	0.1466	0.1469
April	0.1988	0.1473	0.1904
May	0.1993	0.1973	0.1979
June	0.1992	0.1970	0.1984
July	0.2000	0.1980	0.1991
August	0.2009	0.1989	0.1995
September	0.2004	0.1992	0.1998
October	0.2003	0.1985	0.1995
November	0.2005	0.1985	0.1997
December	0.2009	0.1993	0.2000