2011 SBD to HNL Historical Review

YEARLY HIGH

2.5965 HNL

YEARLY LOW

2.3738 HNL

YEARLY AVERAGE

2.4850 HNL

2011 SBD to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the SBD to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 5, valuing the pair at 2.5965. Conversely, the yearly low was recorded on January 2, dropping to 2.3738.

This high-to-low spread represents a total annual volatility of 0.2227 HNL. From a start-to-finish perspective, comparing the January average rate of 2.4257 to the December average rate of 2.4831, the exchange rate registered a net change of 2.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.5965 was up 3.37% compared to the 2010 peak of 2.5119, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,982 HNL

2010 Average 12,107 HNL

Yearly Trough Low 11,869 HNL

Transaction Impact: A difference of 1,113.63 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.5703

2.4126

JanuMarcMayJulySeptNove

SBD to HNL 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 2.4637, compared to 2.5063 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0426 points.

H1 Avg (Jan–Jun) 2.4637

H2 Avg (Jul–Dec) 2.5063

Volatility Range Comparison

Volatility

The most volatile month in 2011 was May, with a trading range of 0.0941 HNL (High: 2.5123 / Low: 2.4183). On the other end, December was the most stable month, with a tight range of 0.0317 HNL (High: 2.4941 / Low: 2.4624).

May Spread (Volatile) ±0.0941

December Spread (Stable) ±0.0317

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0430 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0430

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2011: 2.5571) against the same month in 2010 (average: 2.4590), the exchange rate shifted by +0.0982 (+3.99%).

2011 Avg (July) 2.5571

2010 Avg (July) 2.4590

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4671	2.3738	2.4257
February	2.4657	2.4198	2.4417
March	2.4943	2.4552	2.4726
April	2.5123	2.4498	2.4742
May	2.5123	2.4183	2.4584
June	2.5390	2.4775	2.5097
July	2.5965	2.5298	2.5571
August	2.5613	2.5162	2.5381
September	2.5429	2.4577	2.4951
October	2.5045	2.4342	2.4569
November	2.5381	2.4657	2.5074
December	2.4941	2.4624	2.4831