2011 MAD to HUF Historical Review

YEARLY HIGH

28.3746 HUF

YEARLY LOW

23.1707 HUF

YEARLY AVERAGE

24.8098 HUF

2011 MAD to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MAD to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 28.3746. Conversely, the yearly low was recorded on April 20, dropping to 23.1707.

This high-to-low spread represents a total annual volatility of 5.2040 HUF. From a start-to-finish perspective, comparing the January average rate of 24.6271 to the December average rate of 27.3329, the exchange rate registered a net change of 10.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 28.3746 was up 8.25% compared to the 2010 peak of 26.2133, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 141,873 HUF

2010 Average 123,423 HUF

Yearly Trough Low 115,853 HUF

Transaction Impact: A difference of 26,019.83 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

27.9923

22.9760

JanuMarcMayJulySeptNove

MAD to HUF 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 23.8964, compared to 25.7232 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8268 points.

H1 Avg (Jan–Jun) 23.8964

H2 Avg (Jul–Dec) 25.7232

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 1.9914 HUF (High: 26.1352 / Low: 24.1438). On the other end, February was the most stable month, with a tight range of 0.4007 HUF (High: 24.3377 / Low: 23.9371).

September Spread (Volatile) ±1.9914

February Spread (Stable) ±0.4007

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.6427 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.6427

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 27.3329) against the same month in 2010 (average: 24.8753), the exchange rate shifted by +2.4576 (+9.88%).

2011 Avg (December) 27.3329

2010 Avg (December) 24.8753

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	25.2130	24.1039	24.6271
February	24.3377	23.9371	24.1508
March	24.3707	23.5396	24.0368
April	23.7013	23.1707	23.3940
May	23.9424	23.1929	23.6096
June	23.8684	23.2925	23.5601
July	24.1966	23.2610	23.6443
August	24.4170	23.7121	24.0659
September	26.1352	24.1438	25.2965
October	27.0174	25.8853	26.4253
November	28.2345	26.8732	27.5742
December	28.3746	26.8075	27.3329