2011 MMK to CVE Historical Review

YEARLY HIGH

13.2188 CVE

YEARLY LOW

11.3811 CVE

YEARLY AVERAGE

12.2225 CVE

2011 MMK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MMK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 13.2188. Conversely, the yearly low was recorded on May 4, dropping to 11.3811.

This high-to-low spread represents a total annual volatility of 1.8377 CVE. From a start-to-finish perspective, comparing the January average rate of 12.6763 to the December average rate of 12.9288, the exchange rate registered a net change of 1.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 13.2188 was down 6.80% compared to the 2010 peak of 14.1830, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 66,094 CVE

2010 Average 63,971 CVE

Yearly Trough Low 56,905 CVE

Transaction Impact: A difference of 9,188.71 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

13.0495

11.6007

JanuMarcMayJulySeptNove

MMK 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 12.0819, compared to 12.3632 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2813 points.

H1 Avg (Jan–Jun) 12.0819

H2 Avg (Jul–Dec) 12.3632

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.9476 CVE (High: 12.8050 / Low: 11.8575). On the other end, February was the most stable month, with a tight range of 0.3589 CVE (High: 12.6022 / Low: 12.2433).

September Spread (Volatile) ±0.9476

February Spread (Stable) ±0.3589

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.3814 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.3814

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 12.9288) against the same month in 2010 (average: 12.8143), the exchange rate shifted by +0.1145 (+0.89%).

2011 Avg (December) 12.9288

2010 Avg (December) 12.8143

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.1267	12.3486	12.6763
February	12.6022	12.2433	12.4133
March	12.2975	11.9185	12.1029
April	11.9775	11.3979	11.7215
May	12.0808	11.3811	11.7997
June	12.0225	11.5597	11.7776
July	12.1197	11.6809	11.9012
August	12.0706	11.6908	11.9005
September	12.8050	11.8575	12.4162
October	12.8987	11.9580	12.4387
November	13.0025	12.2975	12.5939
December	13.2188	12.5324	12.9288