2011 LRD to CVE Historical Review

YEARLY HIGH

1.2065 CVE

YEARLY LOW

1.0219 CVE

YEARLY AVERAGE

1.1006 CVE

2011 LRD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the LRD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 1.2065. Conversely, the yearly low was recorded on May 4, dropping to 1.0219.

This high-to-low spread represents a total annual volatility of 0.1846 CVE. From a start-to-finish perspective, comparing the January average rate of 1.1518 to the December average rate of 1.1617, the exchange rate registered a net change of 0.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.2065 was down 8.54% compared to the 2010 peak of 1.3192, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,032 CVE

2010 Average 5,884 CVE

Yearly Trough Low 5,109 CVE

Transaction Impact: A difference of 923.13 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.1719

1.0502

JanuMarcMayJulySeptNove

LRD to CVE 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 1.0916, compared to 1.1096 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0180 points.

H1 Avg (Jan–Jun) 1.0916

H2 Avg (Jul–Dec) 1.1096

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.0939 CVE (High: 1.2065 / Low: 1.1126). On the other end, August was the most stable month, with a tight range of 0.0257 CVE (High: 1.0755 / Low: 1.0498).

January Spread (Volatile) ±0.0939

August Spread (Stable) ±0.0257

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0360 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0360

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 1.1518) against the same month in 2010 (average: 1.0993), the exchange rate shifted by +0.0524 (+4.77%).

2011 Avg (January) 1.1518

2010 Avg (January) 1.0993

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2065	1.1126	1.1518
February	1.1333	1.0993	1.1157
March	1.1118	1.0765	1.0927
April	1.0896	1.0238	1.0628
May	1.0996	1.0219	1.0663
June	1.0867	1.0392	1.0603
July	1.0882	1.0457	1.0649
August	1.0755	1.0498	1.0650
September	1.1480	1.0647	1.1139
October	1.1545	1.0811	1.1142
November	1.1739	1.1046	1.1378
December	1.1860	1.1320	1.1617