2011 KWD to SHP Historical Review

YEARLY HIGH

2.3447 SHP

YEARLY LOW

2.1835 SHP

YEARLY AVERAGE

2.2558 SHP

2011 KWD to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the KWD to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 2.3447. Conversely, the yearly low was recorded on May 1, dropping to 2.1835.

This high-to-low spread represents a total annual volatility of 0.1612 SHP. From a start-to-finish perspective, comparing the January average rate of 2.2572 to the December average rate of 2.3063, the exchange rate registered a net change of 2.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.3447 was down 2.14% compared to the 2010 peak of 2.3961, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,723 SHP

2010 Average 11,278 SHP

Yearly Trough Low 10,918 SHP

Transaction Impact: A difference of 805.84 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.3161

2.1985

JanuMarcMayJulySeptNove

KWD to SHP 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 2.2287, compared to 2.2829 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0542 points.

H1 Avg (Jan–Jun) 2.2287

H2 Avg (Jul–Dec) 2.2829

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0829 SHP (High: 2.3447 / Low: 2.2618). On the other end, February was the most stable month, with a tight range of 0.0332 SHP (High: 2.2302 / Low: 2.1970).

September Spread (Volatile) ±0.0829

February Spread (Stable) ±0.0332

Growth Streaks & Declines

Trends

Between April and July, 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 January and February, when the average rate fell by 0.0417 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0417

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 2.2993) against the same month in 2010 (average: 2.2387), the exchange rate shifted by +0.0606 (+2.71%).

2011 Avg (September) 2.2993

2010 Avg (September) 2.2387

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2957	2.2292	2.2572
February	2.2302	2.1970	2.2156
March	2.2541	2.2019	2.2283
April	2.2398	2.1835	2.2083
May	2.2447	2.1835	2.2189
June	2.2775	2.2192	2.2442
July	2.2866	2.2335	2.2595
August	2.2655	2.2221	2.2407
September	2.3447	2.2618	2.2993
October	2.3428	2.2646	2.2995
November	2.3357	2.2631	2.2923
December	2.3310	2.2916	2.3063