2011 KMF to MRO Historical Review

YEARLY HIGH

0.8339 MRO

YEARLY LOW

0.7347 MRO

YEARLY AVERAGE

0.7911 MRO

2011 KMF to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the KMF to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 0.8339. Conversely, the yearly low was recorded on January 10, dropping to 0.7347.

This high-to-low spread represents a total annual volatility of 0.0992 MRO. From a start-to-finish perspective, comparing the January average rate of 0.7614 to the December average rate of 0.7667, the exchange rate registered a net change of 0.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.8339 was up 2.22% compared to the 2010 peak of 0.8158, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,169 MRO

2010 Average 3,691 MRO

Yearly Trough Low 3,673 MRO

Transaction Impact: A difference of 496.08 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.8145

0.7566

JanuMarcMayJulySeptNove

KMF 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 0.7907, compared to 0.7914 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.7907

H2 Avg (Jul–Dec) 0.7914

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0775 MRO (High: 0.8339 / Low: 0.7564). On the other end, November was the most stable month, with a tight range of 0.0308 MRO (High: 0.7983 / Low: 0.7676).

October Spread (Volatile) ±0.0775

November Spread (Stable) ±0.0308

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 0.0226 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0226

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 0.8013) against the same month in 2010 (average: 0.8000), the exchange rate shifted by +0.0013 (+0.17%).

2011 Avg (October) 0.8013

2010 Avg (October) 0.8000

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7751	0.7347	0.7614
February	0.8092	0.7657	0.7820
March	0.8234	0.7814	0.8029
April	0.8304	0.7890	0.8079
May	0.8229	0.7753	0.7924
June	0.8166	0.7806	0.7979
July	0.8163	0.7813	0.7993
August	0.8290	0.7891	0.8097
September	0.8112	0.7712	0.7871
October	0.8339	0.7564	0.8013
November	0.7983	0.7676	0.7842
December	0.7852	0.7534	0.7667