2011 MMK to HNL Historical Review

YEARLY HIGH

2.9597 HNL

YEARLY LOW

2.8858 HNL

YEARLY AVERAGE

2.9144 HNL

2011 MMK to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MMK to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 21, valuing the pair at 2.9597. Conversely, the yearly low was recorded on August 8, dropping to 2.8858.

This high-to-low spread represents a total annual volatility of 0.0740 HNL. From a start-to-finish perspective, comparing the January average rate of 2.9063 to the December average rate of 2.9267, the exchange rate registered a net change of 0.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.9597 was up 1.82% compared to the 2010 peak of 2.9067, 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 14,799 HNL

2010 Average 14,532 HNL

Yearly Trough Low 14,429 HNL

Transaction Impact: A difference of 369.76 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.9341

2.9024

JanuMarcMayJulySeptNove

MMK to HNL 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 2.9056, compared to 2.9232 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0176 points.

H1 Avg (Jan–Jun) 2.9056

H2 Avg (Jul–Dec) 2.9232

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0544 HNL (High: 2.9597 / Low: 2.9054). On the other end, January was the most stable month, with a tight range of 0.0000 HNL (High: 2.9063 / Low: 2.9063).

October Spread (Volatile) ±0.0544

January Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between August and November, 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 November and December, when the average rate fell by 0.0048 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 2.9294) against the same month in 2010 (average: 2.9063), the exchange rate shifted by +0.0231 (+0.79%).

2011 Avg (October) 2.9294

2010 Avg (October) 2.9063

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9063	2.9063	2.9063
February	2.9063	2.9036	2.9058
March	2.9088	2.9006	2.9051
April	2.9063	2.9040	2.9053
May	2.9063	2.9042	2.9058
June	2.9063	2.9033	2.9054
July	2.9495	2.9031	2.9132
August	2.9399	2.8858	2.9099
September	2.9485	2.8955	2.9286
October	2.9597	2.9054	2.9294
November	2.9589	2.9068	2.9315
December	2.9530	2.9071	2.9267