2011 PEN to SHP Historical Review

YEARLY HIGH

0.2406 SHP

YEARLY LOW

0.2113 SHP

YEARLY AVERAGE

0.2264 SHP

2011 PEN to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the PEN to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.2406. Conversely, the yearly low was recorded on May 2, dropping to 0.2113.

This high-to-low spread represents a total annual volatility of 0.0292 SHP. From a start-to-finish perspective, comparing the January average rate of 0.2274 to the December average rate of 0.2376, the exchange rate registered a net change of 4.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.2406 was up 3.42% compared to the 2010 peak of 0.2326, 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 1,203 SHP

2010 Average 1,078 SHP

Yearly Trough Low 1,057 SHP

Transaction Impact: A difference of 146.21 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.2396

0.2148

JanuMarcMayJulySeptNove

PEN to SHP 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 0.2224, compared to 0.2305 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0082 points.

H1 Avg (Jan–Jun) 0.2224

H2 Avg (Jul–Dec) 0.2305

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.0137 SHP (High: 0.2250 / Low: 0.2113). On the other end, August was the most stable month, with a tight range of 0.0042 SHP (High: 0.2250 / Low: 0.2208).

May Spread (Volatile) ±0.0137

August Spread (Stable) ±0.0042

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 0.0060 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.2376) against the same month in 2010 (average: 0.2134), the exchange rate shifted by +0.0242 (+11.34%).

2011 Avg (December) 0.2376

2010 Avg (December) 0.2134

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2304	0.2245	0.2274
February	0.2259	0.2210	0.2236
March	0.2252	0.2194	0.2229
April	0.2216	0.2123	0.2169
May	0.2250	0.2113	0.2202
June	0.2269	0.2183	0.2232
July	0.2295	0.2226	0.2259
August	0.2250	0.2208	0.2231
September	0.2347	0.2257	0.2308
October	0.2359	0.2289	0.2320
November	0.2388	0.2302	0.2339
December	0.2406	0.2360	0.2376