2011 SZL to CVE Historical Review

YEARLY HIGH

12.5201 CVE

YEARLY LOW

9.6508 CVE

YEARLY AVERAGE

10.9913 CVE

2011 SZL to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the SZL to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 12.5201. Conversely, the yearly low was recorded on November 23, dropping to 9.6508.

This high-to-low spread represents a total annual volatility of 2.8693 CVE. From a start-to-finish perspective, comparing the January average rate of 11.9495 to the December average rate of 10.2311, the exchange rate registered a net change of -14.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 12.5201 was down 0.16% compared to the 2010 peak of 12.5398, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 62,600 CVE

2010 Average 56,929 CVE

Yearly Trough Low 48,254 CVE

Transaction Impact: A difference of 14,346.52 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

12.1443

9.8058

JanuMarcMayJulySeptNove

SZL to CVE 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 11.4084, compared to 10.5742 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8342 points.

H1 Avg (Jan–Jun) 11.4084

H2 Avg (Jul–Dec) 10.5742

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 1.3030 CVE (High: 12.5201 / Low: 11.2171). On the other end, June was the most stable month, with a tight range of 0.2694 CVE (High: 11.4307 / Low: 11.1613).

January Spread (Volatile) ±1.3030

June Spread (Stable) ±0.2694

Growth Streaks & Declines

Trends

Between May and July, 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 January and February, when the average rate fell by 0.6978 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.6978

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 11.9495) against the same month in 2010 (average: 10.3657), the exchange rate shifted by +1.5837 (+15.28%).

2011 Avg (January) 11.9495

2010 Avg (January) 10.3657

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.5201	11.2171	11.9495
February	11.4304	11.1472	11.2517
March	11.5819	11.1132	11.3794
April	11.5781	11.1344	11.3363
May	11.3988	11.1157	11.2338
June	11.4307	11.1613	11.2998
July	11.6019	11.2486	11.3817
August	11.5515	10.5827	10.8744
September	11.0737	10.3655	10.7824
October	10.6365	9.8748	10.1748
November	10.2442	9.6508	10.0006
December	10.5394	10.0302	10.2311