2011 ZAR to STD Historical Review

YEARLY HIGH

2782.8581 STD

YEARLY LOW

2118.9727 STD

YEARLY AVERAGE

2440.3719 STD

2011 ZAR to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ZAR to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 2782.8581. Conversely, the yearly low was recorded on November 26, dropping to 2118.9727.

This high-to-low spread represents a total annual volatility of 663.8854 STD. From a start-to-finish perspective, comparing the January average rate of 2656.1156 to the December average rate of 2264.0713, the exchange rate registered a net change of -14.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 2782.8581 was down 0.66% compared to the 2010 peak of 2801.2198, 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 139,142,906 STD

2010 Average 125,163,517 STD

Yearly Trough Low 105,948,634 STD

Transaction Impact: A difference of 33,194,272.01 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2700.4623

2168.3017

JanuMarcMayJulySeptNove

ZAR to STD 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 2542.9815, compared to 2337.7623 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 205.2192 points.

H1 Avg (Jan–Jun) 2542.9815

H2 Avg (Jul–Dec) 2337.7623

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 290.5340 STD (High: 2782.8581 / Low: 2492.3241). On the other end, June was the most stable month, with a tight range of 51.2059 STD (High: 2540.0936 / Low: 2488.8877).

January Spread (Volatile) ±290.5340

June Spread (Stable) ±51.2059

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 January and February, when the average rate fell by 148.8318 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -148.8318

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 2656.1156) against the same month in 2010 (average: 2194.9705), the exchange rate shifted by +461.1451 (+21.01%).

2011 Avg (January) 2656.1156

2010 Avg (January) 2194.9705

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2782.8581	2492.3241	2656.1156
February	2566.4730	2477.5408	2507.2838
March	2579.0535	2471.8848	2538.1316
April	2652.0264	2483.0482	2539.7804
May	2579.9998	2451.4843	2500.1270
June	2540.0936	2488.8877	2516.4504
July	2576.1568	2483.2822	2530.0220
August	2565.8301	2347.3362	2424.5484
September	2439.9141	2149.7539	2333.3730
October	2351.5973	2184.4612	2261.9106
November	2286.9755	2118.9727	2212.6484
December	2306.1667	2230.4387	2264.0713