2011 ZAR to SZL Historical Review

YEARLY HIGH

1.0179 SZL

YEARLY LOW

0.9476 SZL

YEARLY AVERAGE

0.9978 SZL

2011 ZAR to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ZAR to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 1.0179. Conversely, the yearly low was recorded on September 25, dropping to 0.9476.

This high-to-low spread represents a total annual volatility of 0.0703 SZL. From a start-to-finish perspective, comparing the January average rate of 0.9977 to the December average rate of 1.0004, the exchange rate registered a net change of 0.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.0179 was up 0.01% compared to the 2010 peak of 1.0178, 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 50,893 SZL

2010 Average 50,016 SZL

Yearly Trough Low 47,378 SZL

Transaction Impact: A difference of 3,515.58 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.0032

0.9834

JanuMarcMayJulySeptNove

ZAR to SZL 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 0.9994, compared to 0.9962 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.9994

H2 Avg (Jul–Dec) 0.9962

Volatility Range Comparison

Volatility

The most volatile month in 2011 was October, with a trading range of 0.0658 SZL (High: 1.0179 / Low: 0.9520). On the other end, December was the most stable month, with a tight range of 0.0096 SZL (High: 1.0065 / Low: 0.9969).

October Spread (Volatile) ±0.0658

December Spread (Stable) ±0.0096

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0132 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0132

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 0.9941) against the same month in 2010 (average: 0.9988), the exchange rate shifted by -0.0047 (-0.47%).

2011 Avg (October) 0.9941

2010 Avg (October) 0.9988

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0042	0.9905	0.9977
February	1.0121	0.9933	0.9998
March	1.0082	0.9904	1.0015
April	1.0089	0.9840	1.0013
May	1.0074	0.9864	0.9970
June	1.0057	0.9910	0.9989
July	1.0073	0.9891	1.0006
August	1.0096	0.9789	0.9982
September	1.0027	0.9476	0.9850
October	1.0179	0.9520	0.9941
November	1.0077	0.9901	0.9989
December	1.0065	0.9969	1.0004