2011 SHP to CNY Historical Review

YEARLY HIGH

10.8313 CNY

YEARLY LOW

9.7414 CNY

YEARLY AVERAGE

10.3682 CNY

2011 SHP to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the SHP to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 10.8313. Conversely, the yearly low was recorded on December 29, dropping to 9.7414.

This high-to-low spread represents a total annual volatility of 1.0899 CNY. From a start-to-finish perspective, comparing the January average rate of 10.4064 to the December average rate of 9.8962, the exchange rate registered a net change of -4.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 10.8313 was down 2.98% compared to the 2010 peak of 11.1638, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 54,156 CNY

2010 Average 52,311 CNY

Yearly Trough Low 48,707 CNY

Transaction Impact: A difference of 5,449.52 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

10.7664

9.8171

JanuMarcMayJulySeptNove

SHP to CNY 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 10.5716, compared to 10.1649 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4067 points.

H1 Avg (Jan–Jun) 10.5716

H2 Avg (Jul–Dec) 10.1649

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.5270 CNY (High: 10.3557 / Low: 9.8287). On the other end, February was the most stable month, with a tight range of 0.1297 CNY (High: 10.6785 / Low: 10.5489).

September Spread (Volatile) ±0.5270

February Spread (Stable) ±0.1297

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.3816 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.3816

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 10.6873) against the same month in 2010 (average: 10.4672), the exchange rate shifted by +0.2201 (+2.10%).

2011 Avg (April) 10.6873

2010 Avg (April) 10.4672

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.5328	10.2083	10.4064
February	10.6785	10.5489	10.6110
March	10.7248	10.4849	10.6058
April	10.8313	10.5244	10.6873
May	10.8313	10.4856	10.6207
June	10.6482	10.3340	10.4983
July	10.5722	10.2714	10.4262
August	10.5619	10.3633	10.4781
September	10.3557	9.8287	10.0964
October	10.2540	9.8072	10.0507
November	10.1914	9.8510	10.0417
December	9.9927	9.7414	9.8962