2011 ZAR to GNF Historical Review

YEARLY HIGH

1107.4228 GNF

YEARLY LOW

792.5088 GNF

YEARLY AVERAGE

958.7368 GNF

2011 ZAR to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ZAR to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 3, valuing the pair at 1107.4228. Conversely, the yearly low was recorded on September 25, dropping to 792.5088.

This high-to-low spread represents a total annual volatility of 314.9140 GNF. From a start-to-finish perspective, comparing the January average rate of 1042.2501 to the December average rate of 846.8271, the exchange rate registered a net change of -18.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1107.4228 was up 3.83% compared to the 2010 peak of 1066.5749, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 55,371,138 GNF

2010 Average 38,390,621 GNF

Yearly Trough Low 39,625,438 GNF

Transaction Impact: A difference of 15,745,700.05 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1071.8937

811.7017

JanuMarcMayJulySeptNove

ZAR to GNF 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 1027.4535, compared to 890.0200 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 137.4336 points.

H1 Avg (Jan–Jun) 1027.4535

H2 Avg (Jul–Dec) 890.0200

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 149.1313 GNF (High: 941.6401 / Low: 792.5088). On the other end, June was the most stable month, with a tight range of 35.6765 GNF (High: 998.2847 / Low: 962.6083).

September Spread (Volatile) ±149.1313

June Spread (Stable) ±35.6765

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 August and September, when the average rate fell by 70.9673 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -70.9673

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2011: 1032.1486) against the same month in 2010 (average: 677.3509), the exchange rate shifted by +354.7977 (+52.38%).

2011 Avg (March) 1032.1486

2010 Avg (March) 677.3509

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1074.2606	1012.9465	1042.2501
February	1061.0213	996.1483	1025.7552
March	1107.4228	995.0943	1032.1486
April	1071.1741	1028.6589	1050.2111
May	1075.1642	954.9540	1029.9209
June	998.2847	962.6083	984.4353
July	1005.5616	954.4131	985.7870
August	998.9682	915.7930	947.6908
September	941.6401	792.5088	876.7235
October	887.3018	807.2488	849.7070
November	879.5925	793.5918	833.3843
December	872.3836	815.3603	846.8271