2011 SAR to PEN Historical Review

YEARLY HIGH

0.7572 PEN

YEARLY LOW

0.7182 PEN

YEARLY AVERAGE

0.7346 PEN

2011 SAR to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the SAR to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 0.7572. Conversely, the yearly low was recorded on December 25, dropping to 0.7182.

This high-to-low spread represents a total annual volatility of 0.0390 PEN. From a start-to-finish perspective, comparing the January average rate of 0.7437 to the December average rate of 0.7193, the exchange rate registered a net change of -3.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.7572 was down 5.58% compared to the 2010 peak of 0.8019, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,786 PEN

2010 Average 4,006 PEN

Yearly Trough Low 3,591 PEN

Transaction Impact: A difference of 195.14 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.7540

0.7161

JanuMarcMayJulySeptNove

SAR to PEN 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 0.7421, compared to 0.7271 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0150 points.

H1 Avg (Jan–Jun) 0.7421

H2 Avg (Jul–Dec) 0.7271

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.0245 PEN (High: 0.7572 / Low: 0.7327). On the other end, December was the most stable month, with a tight range of 0.0024 PEN (High: 0.7206 / Low: 0.7182).

May Spread (Volatile) ±0.0245

December Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0100 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2011: 0.7409) against the same month in 2010 (average: 0.8012), the exchange rate shifted by -0.0603 (-7.53%).

2011 Avg (May) 0.7409

2010 Avg (May) 0.8012

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7483	0.7395	0.7437
February	0.7435	0.7378	0.7394
March	0.7508	0.7383	0.7409
April	0.7549	0.7443	0.7509
May	0.7572	0.7327	0.7409
June	0.7436	0.7344	0.7370
July	0.7331	0.7298	0.7310
August	0.7345	0.7266	0.7305
September	0.7393	0.7268	0.7314
October	0.7407	0.7219	0.7290
November	0.7237	0.7201	0.7217
December	0.7206	0.7182	0.7193