I do not know any standard encoding for this. This is not ASCII and EBCDIC.
It seems to be some kind of trivial type of 8-bit (not Unicode) ASCII (possibly ANSI) encryption. Compare unknown encoding with ASCII:
Unknown ASCII
Hex MSB LSB Hex MSB LSB
A CO 1100 0000 41 0100 0001
b E1 1110 0001 62 0110 0010
a E0 1110 0000 61 0110 0001
i E8 1110 1000 69 0110 1001
r F1 1111 0001 72 0111 0010
a E0 1110 0000 61 0110 0001
Let define:
- MSB: First nibble = most significant 4 bits
- LSB: second nibble = least significant 4 bits
- _U: of Unknown
- _A: from ASCII
Then you will find:
- MSB_U = MSB_A Xor 0x80 (, MSB_A 0x80)
- LSB_U = LSB_A + 1 ( , , ASCII char 'O' 'o')
- U MSB_U LSB_U.
ASCII Unknown:
ASCII Hex MSB LSB MSB Xor 0x80 LSB - 1 Concatenated Hex
H 48 0100 1000 1100 1001 1100 0111 C7
e 65 0110 1001 1110 1010 1110 1000 E8
r 72 0111 0010 1111 0011 1111 0001 F1 (as you have shown)
b 62 0110 0010 1110 0011 1110 0001 E1 (do.)