2011 NZD to ETB Historical Review

YEARLY HIGH

14.9313 ETB

YEARLY LOW

9.2140 ETB

YEARLY AVERAGE

12.6364 ETB

2011 NZD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NZD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 1, valuing the pair at 14.9313. Conversely, the yearly low was recorded on March 17, dropping to 9.2140.

This high-to-low spread represents a total annual volatility of 5.7173 ETB. From a start-to-finish perspective, comparing the January average rate of 9.7546 to the December average rate of 13.2975, the exchange rate registered a net change of 36.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 14.9313 was up 48.21% compared to the 2010 peak of 10.0745, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 74,656 ETB

2010 Average 41,998 ETB

Yearly Trough Low 46,070 ETB

Transaction Impact: A difference of 28,586.37 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

14.8814

8.9858

JanuMarcMayJulySeptNove

NZD 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 11.4989, compared to 13.7740 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2751 points.

H1 Avg (Jan–Jun) 11.4989

H2 Avg (Jul–Dec) 13.7740

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 3.7970 ETB (High: 13.5942 / Low: 9.7972). On the other end, January was the most stable month, with a tight range of 0.2560 ETB (High: 9.8949 / Low: 9.6389).

April Spread (Volatile) ±3.7970

January Spread (Stable) ±0.2560

Growth Streaks & Declines

Trends

Between March and July, 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 September and October, when the average rate fell by 0.3874 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.3874

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 14.2676) against the same month in 2010 (average: 8.0339), the exchange rate shifted by +6.2337 (+77.59%).

2011 Avg (August) 14.2676

2010 Avg (August) 8.0339

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.8949	9.6389	9.7546
February	9.9354	9.5203	9.7093
March	9.7679	9.2140	9.4771
April	13.5942	9.7972	12.8530
May	13.8565	13.1496	13.4222
June	14.0331	13.5539	13.7769
July	14.8497	13.9068	14.3901
August	14.9313	13.9828	14.2676
September	14.5293	13.0762	13.9234
October	14.0596	12.9199	13.5360
November	13.6488	12.7249	13.2293
December	13.4388	12.9479	13.2975