2011 ZAR to SCR Historical Review

YEARLY HIGH

1.8951 SCR

YEARLY LOW

1.4693 SCR

YEARLY AVERAGE

1.7223 SCR

2011 ZAR to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ZAR to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 1.8951. Conversely, the yearly low was recorded on September 25, dropping to 1.4693.

This high-to-low spread represents a total annual volatility of 0.4258 SCR. From a start-to-finish perspective, comparing the January average rate of 1.7941 to the December average rate of 1.6307, the exchange rate registered a net change of -9.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.8951 was up 1.30% compared to the 2010 peak of 1.8707, 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 94,757 SCR

2010 Average 83,154 SCR

Yearly Trough Low 73,465 SCR

Transaction Impact: A difference of 21,292.15 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.8474

1.5417

JanuMarcMayJulySeptNove

ZAR to SCR 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 1.7875, compared to 1.6572 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1303 points.

H1 Avg (Jan–Jun) 1.7875

H2 Avg (Jul–Dec) 1.6572

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.3103 SCR (High: 1.7796 / Low: 1.4693). On the other end, March was the most stable month, with a tight range of 0.0865 SCR (High: 1.8160 / Low: 1.7295).

September Spread (Volatile) ±0.3103

March Spread (Stable) ±0.0865

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 0.0933 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0933

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 1.8219) against the same month in 2010 (average: 1.6326), the exchange rate shifted by +0.1893 (+11.60%).

2011 Avg (April) 1.8219

2010 Avg (April) 1.6326

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8769	1.7067	1.7941
February	1.7553	1.6656	1.7150
March	1.8160	1.7295	1.7810
April	1.8951	1.7662	1.8219
May	1.8951	1.7383	1.8060
June	1.8559	1.7537	1.8070
July	1.8686	1.7475	1.8033
August	1.8545	1.6753	1.7290
September	1.7796	1.4693	1.6357
October	1.6368	1.5179	1.5771
November	1.6533	1.5046	1.5672
December	1.6980	1.5868	1.6307