2011 PEN to CVE Historical Review

YEARLY HIGH

31.6440 CVE

YEARLY LOW

26.1726 CVE

YEARLY AVERAGE

28.7961 CVE

2011 PEN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the PEN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 31.6440. Conversely, the yearly low was recorded on May 2, dropping to 26.1726.

This high-to-low spread represents a total annual volatility of 5.4714 CVE. From a start-to-finish perspective, comparing the January average rate of 29.5900 to the December average rate of 31.0445, the exchange rate registered a net change of 4.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 31.6440 was up 2.97% compared to the 2010 peak of 30.7302, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 158,220 CVE

2010 Average 138,605 CVE

Yearly Trough Low 130,863 CVE

Transaction Impact: A difference of 27,356.90 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

31.4389

26.7062

JanuMarcMayJulySeptNove

PEN 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 28.2654, compared to 29.3268 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0614 points.

H1 Avg (Jan–Jun) 28.2654

H2 Avg (Jul–Dec) 29.3268

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 2.3436 CVE (High: 28.5162 / Low: 26.1726). On the other end, August was the most stable month, with a tight range of 0.6227 CVE (High: 28.4032 / Low: 27.7805).

May Spread (Volatile) ±2.3436

August Spread (Stable) ±0.6227

Growth Streaks & Declines

Trends

Between August and December, 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 March and April, when the average rate fell by 1.2598 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.2598

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 31.0445) against the same month in 2010 (average: 27.7647), the exchange rate shifted by +3.2797 (+11.81%).

2011 Avg (December) 31.0445

2010 Avg (December) 27.7647

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	30.4600	28.9862	29.5900
February	29.6453	28.6825	29.1442
March	28.9085	27.6629	28.3603
April	27.7809	26.2907	27.1005
May	28.5162	26.1726	27.6540
June	28.3501	26.9867	27.7434
July	28.7702	27.6673	28.1678
August	28.4032	27.7805	28.0860
September	29.6663	28.2694	29.1768
October	30.1269	28.7324	29.4118
November	30.7973	29.4559	30.0739
December	31.6440	30.2140	31.0445