2012 PEN to SHP Historical Review

YEARLY HIGH

0.2460 SHP

YEARLY LOW

0.2329 SHP

YEARLY AVERAGE

0.2392 SHP

2012 PEN to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the PEN to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 12, valuing the pair at 0.2460. Conversely, the yearly low was recorded on May 14, dropping to 0.2329.

This high-to-low spread represents a total annual volatility of 0.0131 SHP. From a start-to-finish perspective, comparing the January average rate of 0.2393 to the December average rate of 0.2414, the exchange rate registered a net change of 0.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.2460 was up 2.26% compared to the 2011 peak of 0.2406, 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 1,230 SHP

2011 Average 1,132 SHP

Yearly Trough Low 1,165 SHP

Transaction Impact: A difference of 65.32 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.2440

0.2343

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 0.2371, compared to 0.2413 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.2371

H2 Avg (Jul–Dec) 0.2413

Volatility Range Comparison

Volatility

The most volatile month in 2012 was January, with a trading range of 0.0069 SHP (High: 0.2424 / Low: 0.2355). On the other end, December was the most stable month, with a tight range of 0.0033 SHP (High: 0.2428 / Low: 0.2395).

January Spread (Volatile) ±0.0069

December Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between April and August, 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 August and September, when the average rate fell by 0.0047 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 0.2432) against the same month in 2011 (average: 0.2259), the exchange rate shifted by +0.0173 (+7.66%).

2012 Avg (July) 0.2432

2011 Avg (July) 0.2259

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2424	0.2355	0.2393
February	0.2381	0.2342	0.2356
March	0.2395	0.2340	0.2365
April	0.2370	0.2331	0.2351
May	0.2390	0.2329	0.2355
June	0.2426	0.2390	0.2406
July	0.2460	0.2393	0.2432
August	0.2445	0.2412	0.2432
September	0.2415	0.2363	0.2385
October	0.2423	0.2382	0.2402
November	0.2433	0.2387	0.2411
December	0.2428	0.2395	0.2414