2011 NPR to VUV Historical Review

YEARLY HIGH

1.3395 VUV

YEARLY LOW

1.0849 VUV

YEARLY AVERAGE

1.2338 VUV

2011 NPR to VUV Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NPR to VUV exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 1.3395. Conversely, the yearly low was recorded on December 15, dropping to 1.0849.

This high-to-low spread represents a total annual volatility of 0.2546 VUV. From a start-to-finish perspective, comparing the January average rate of 1.3171 to the December average rate of 1.1049, the exchange rate registered a net change of -16.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.3395 was down 6.79% compared to the 2010 peak of 1.4370, 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 6,697 VUV

2010 Average 6,804 VUV

Yearly Trough Low 5,424 VUV

Transaction Impact: A difference of 1,273.21 VUV purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.3384

1.0837

JanuMarcMayJulySeptNove

NPR to VUV 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 1.2852, compared to 1.1825 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1028 points.

H1 Avg (Jan–Jun) 1.2852

H2 Avg (Jul–Dec) 1.1825

Volatility Range Comparison

Volatility

The most volatile month in 2011 was November, with a trading range of 0.0735 VUV (High: 1.1803 / Low: 1.1068). On the other end, June was the most stable month, with a tight range of 0.0301 VUV (High: 1.2514 / Low: 1.2213).

November Spread (Volatile) ±0.0735

June Spread (Stable) ±0.0301

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 April and May, when the average rate fell by 0.0451 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0451

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 1.3171) against the same month in 2010 (average: 1.3425), the exchange rate shifted by -0.0253 (-1.89%).

2011 Avg (January) 1.3171

2010 Avg (January) 1.3425

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3395	1.2958	1.3171
February	1.3327	1.2881	1.3105
March	1.3322	1.2981	1.3171
April	1.3108	1.2610	1.2880
May	1.2686	1.2116	1.2429
June	1.2514	1.2213	1.2359
July	1.2624	1.2150	1.2410
August	1.2486	1.2132	1.2307
September	1.2241	1.1626	1.1907
October	1.2117	1.1581	1.1835
November	1.1803	1.1068	1.1440
December	1.1336	1.0849	1.1049