2011 MMK to ETB Historical Review

YEARLY HIGH

2.6884 ETB

YEARLY LOW

1.9525 ETB

YEARLY AVERAGE

2.4531 ETB

2011 MMK to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MMK to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 2.6884. Conversely, the yearly low was recorded on January 2, dropping to 1.9525.

This high-to-low spread represents a total annual volatility of 0.7359 ETB. From a start-to-finish perspective, comparing the January average rate of 1.9549 to the December average rate of 2.6632, the exchange rate registered a net change of 36.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.6884 was up 37.12% compared to the 2010 peak of 1.9607, 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 13,442 ETB

2010 Average 8,923 ETB

Yearly Trough Low 9,762 ETB

Transaction Impact: A difference of 3,679.55 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.7341

1.8841

JanuMarcMayJulySeptNove

MMK to ETB 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 2.2600, compared to 2.6462 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3862 points.

H1 Avg (Jan–Jun) 2.2600

H2 Avg (Jul–Dec) 2.6462

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.6317 ETB (High: 2.5968 / Low: 1.9651). On the other end, February was the most stable month, with a tight range of 0.0045 ETB (High: 1.9619 / Low: 1.9574).

April Spread (Volatile) ±0.6317

February Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0039 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 2.6579) against the same month in 2010 (average: 1.9465), the exchange rate shifted by +0.7114 (+36.55%).

2011 Avg (November) 2.6579

2010 Avg (November) 1.9465

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9574	1.9525	1.9549
February	1.9619	1.9574	1.9593
March	1.9661	1.9611	1.9639
April	2.5968	1.9651	2.4990
May	2.5995	2.5831	2.5861
June	2.6038	2.5861	2.5967
July	2.6534	2.6035	2.6179
August	2.6702	2.6111	2.6374
September	2.6690	2.6226	2.6522
October	2.6723	2.6285	2.6483
November	2.6884	2.6310	2.6579
December	2.6874	2.6439	2.6632