2011 ZAR to VUV Historical Review

YEARLY HIGH

14.0504 VUV

YEARLY LOW

10.8224 VUV

YEARLY AVERAGE

12.6107 VUV

2011 ZAR to VUV Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ZAR to VUV exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 14.0504. Conversely, the yearly low was recorded on November 23, dropping to 10.8224.

This high-to-low spread represents a total annual volatility of 3.2280 VUV. From a start-to-finish perspective, comparing the January average rate of 13.5374 to the December average rate of 11.3287, the exchange rate registered a net change of -16.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 14.0504 was down 0.56% compared to the 2010 peak of 14.1301, 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 702,521 VUV

2010 Average 663,967 VUV

Yearly Trough Low 541,120 VUV

Transaction Impact: A difference of 161,400.99 VUV purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

13.8134

10.9781

JanuMarcMayJulySeptNove

ZAR to VUV 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 13.2846, compared to 11.9367 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3479 points.

H1 Avg (Jan–Jun) 13.2846

H2 Avg (Jul–Dec) 11.9367

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 1.8364 VUV (High: 12.7571 / Low: 10.9208). On the other end, December was the most stable month, with a tight range of 0.4405 VUV (High: 11.5471 / Low: 11.1066).

September Spread (Volatile) ±1.8364

December Spread (Stable) ±0.4405

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 0.6350 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.6350

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 13.5374) against the same month in 2010 (average: 12.8777), the exchange rate shifted by +0.6597 (+5.12%).

2011 Avg (January) 13.5374

2010 Avg (January) 12.8777

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.0504	12.9300	13.5374
February	13.4723	12.6440	12.9900
March	13.6802	13.1764	13.5065
April	13.8908	13.1890	13.5771
May	13.6131	12.5467	13.0345
June	13.2435	12.7866	13.0623
July	13.3711	12.7665	13.0013
August	13.0292	12.2385	12.5883
September	12.7571	10.9208	11.9532
October	11.9178	11.0859	11.5344
November	11.6802	10.8224	11.2144
December	11.5471	11.1066	11.3287