2011 AFN to BAM Historical Review

YEARLY HIGH

0.0352 BAM

YEARLY LOW

0.0286 BAM

YEARLY AVERAGE

0.0319 BAM

2011 AFN to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AFN to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0352. Conversely, the yearly low was recorded on October 30, dropping to 0.0286.

This high-to-low spread represents a total annual volatility of 0.0066 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0341 to the December average rate of 0.0320, the exchange rate registered a net change of -6.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0352 was down 2.09% compared to the 2010 peak of 0.0360, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AFN based on timing:

Yearly Peak High 176 BAM

2010 Average 164 BAM

Yearly Trough Low 143 BAM

Transaction Impact: A difference of 32.85 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0345

0.0291

JanuMarcMayJulySeptNove

AFN to BAM 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 0.0325, compared to 0.0312 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0325

H2 Avg (Jul–Dec) 0.0312

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0038 BAM (High: 0.0336 / Low: 0.0298). On the other end, August was the most stable month, with a tight range of 0.0007 BAM (High: 0.0321 / Low: 0.0314).

September Spread (Volatile) ±0.0038

August Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between October and December, 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 September and October, when the average rate fell by 0.0028 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.0341) against the same month in 2010 (average: 0.0285), the exchange rate shifted by +0.0056 (+19.50%).

2011 Avg (January) 0.0341

2010 Avg (January) 0.0285

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0352	0.0332	0.0341
February	0.0338	0.0329	0.0333
March	0.0330	0.0320	0.0325
April	0.0321	0.0307	0.0315
May	0.0324	0.0306	0.0317
June	0.0322	0.0311	0.0316
July	0.0325	0.0314	0.0319
August	0.0321	0.0314	0.0318
September	0.0336	0.0298	0.0323
October	0.0306	0.0286	0.0295
November	0.0318	0.0294	0.0300
December	0.0332	0.0300	0.0320