2011 KPW to MRO Historical Review

YEARLY HIGH

2.1991 MRO

YEARLY LOW

0.3155 MRO

YEARLY AVERAGE

1.9182 MRO

2011 KPW to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the KPW to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on August 17, valuing the pair at 2.1991. Conversely, the yearly low was recorded on November 15, dropping to 0.3155.

This high-to-low spread represents a total annual volatility of 1.8836 MRO. From a start-to-finish perspective, comparing the January average rate of 1.9590 to the December average rate of 0.8311, the exchange rate registered a net change of -57.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.1991 was up 9.96% compared to the 2010 peak of 2.0000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,995 MRO

2010 Average 9,573 MRO

Yearly Trough Low 1,578 MRO

Transaction Impact: A difference of 9,417.89 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.2778

0.6996

JanuMarcMayJulySeptNove

KPW 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 1.9754, compared to 1.8610 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1144 points.

H1 Avg (Jan–Jun) 1.9754

H2 Avg (Jul–Dec) 1.8610

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 1.8174 MRO (High: 2.1329 / Low: 0.3155). On the other end, January was the most stable month, with a tight range of 0.0553 MRO (High: 1.9829 / Low: 1.9276).

November Spread (Volatile) ±1.8174

January Spread (Stable) ±0.0553

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.1420 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.1420

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 2.1463) against the same month in 2010 (average: 1.9829), the exchange rate shifted by +0.1633 (+8.24%).

2011 Avg (August) 2.1463

2010 Avg (August) 1.9829

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9829	1.9276	1.9590
February	2.0122	1.9204	1.9706
March	2.0058	1.9295	1.9724
April	1.9783	1.8958	1.9220
May	2.0238	1.8705	1.9252
June	2.1494	2.0675	2.1031
July	2.1331	2.0412	2.0858
August	2.1991	2.0932	2.1463
September	2.1249	2.0203	2.0628
October	2.0947	2.0295	2.0668
November	2.1329	0.3155	1.9732
December	2.0966	0.3165	0.8311