2011 SHP to TWD Historical Review

YEARLY HIGH

48.4419 TWD

YEARLY LOW

45.0699 TWD

YEARLY AVERAGE

47.1372 TWD

2011 SHP to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the SHP to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 48.4419. Conversely, the yearly low was recorded on January 3, dropping to 45.0699.

This high-to-low spread represents a total annual volatility of 3.3719 TWD. From a start-to-finish perspective, comparing the January average rate of 45.9100 to the December average rate of 47.2270, the exchange rate registered a net change of 2.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 48.4419 was down 6.91% compared to the 2010 peak of 52.0374, 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 242,209 TWD

2010 Average 243,560 TWD

Yearly Trough Low 225,350 TWD

Transaction Impact: A difference of 16,859.68 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

47.9607

45.7236

JanuMarcMayJulySeptNove

SHP to TWD 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 47.0115, compared to 47.2629 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2514 points.

H1 Avg (Jan–Jun) 47.0115

H2 Avg (Jul–Dec) 47.2629

Volatility Range Comparison

Volatility

The most volatile month in 2011 was February, with a trading range of 2.0326 TWD (High: 48.3292 / Low: 46.2965). On the other end, April was the most stable month, with a tight range of 0.8178 TWD (High: 47.8418 / Low: 47.0240).

February Spread (Volatile) ±2.0326

April Spread (Stable) ±0.8178

Growth Streaks & Declines

Trends

Between January and March, 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 November and December, when the average rate fell by 0.5473 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5473

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 47.7743) against the same month in 2010 (average: 48.4368), the exchange rate shifted by -0.6625 (-1.37%).

2011 Avg (November) 47.7743

2010 Avg (November) 48.4368

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	46.5198	45.0699	45.9100
February	48.3292	46.2965	47.2681
March	48.4062	47.1273	47.6602
April	47.8418	47.0240	47.4800
May	47.8317	46.5057	47.0045
June	47.2578	46.1537	46.7461
July	47.2994	45.8274	46.5584
August	47.8422	46.8895	47.4008
September	47.6056	46.4971	46.8689
October	48.2887	47.0497	47.7480
November	48.4419	47.0228	47.7743
December	47.5290	46.6492	47.2270