2011 NPR to CVE Historical Review

YEARLY HIGH

1.1990 CVE

YEARLY LOW

0.9776 CVE

YEARLY AVERAGE

1.0734 CVE

2011 NPR to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NPR to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 1.1990. Conversely, the yearly low was recorded on December 1, dropping to 0.9776.

This high-to-low spread represents a total annual volatility of 0.2214 CVE. From a start-to-finish perspective, comparing the January average rate of 1.1595 to the December average rate of 0.9982, the exchange rate registered a net change of -13.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.1990 was down 5.89% compared to the 2010 peak of 1.2740, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,995 CVE

2010 Average 5,835 CVE

Yearly Trough Low 4,888 CVE

Transaction Impact: A difference of 1,106.82 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.1756

0.9820

JanuMarcMayJulySeptNove

NPR 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 1.1031, compared to 1.0436 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0595 points.

H1 Avg (Jan–Jun) 1.1031

H2 Avg (Jul–Dec) 1.0436

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0779 CVE (High: 1.0800 / Low: 1.0021). On the other end, September was the most stable month, with a tight range of 0.0254 CVE (High: 1.0737 / Low: 1.0484).

October Spread (Volatile) ±0.0779

September Spread (Stable) ±0.0254

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0344 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0344

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 1.1595) against the same month in 2010 (average: 1.0796), the exchange rate shifted by +0.0799 (+7.41%).

2011 Avg (January) 1.1595

2010 Avg (January) 1.0796

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1990	1.1273	1.1595
February	1.1546	1.1185	1.1350
March	1.1266	1.0946	1.1113
April	1.1045	1.0472	1.0769
May	1.0846	1.0387	1.0682
June	1.0892	1.0530	1.0680
July	1.1015	1.0678	1.0870
August	1.1034	1.0353	1.0611
September	1.0737	1.0484	1.0586
October	1.0800	1.0021	1.0377
November	1.0434	0.9928	1.0190
December	1.0330	0.9776	0.9982