2011 AFN to CRC Historical Review

YEARLY HIGH

11.8862 CRC

YEARLY LOW

10.2940 CRC

YEARLY AVERAGE

11.3603 CRC

2011 AFN to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AFN to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 11.8862. Conversely, the yearly low was recorded on November 27, dropping to 10.2940.

This high-to-low spread represents a total annual volatility of 1.5922 CRC. From a start-to-finish perspective, comparing the January average rate of 11.6880 to the December average rate of 10.7969, the exchange rate registered a net change of -7.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 11.8862 was down 2.62% compared to the 2010 peak of 12.2060, 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 59,431 CRC

2010 Average 58,044 CRC

Yearly Trough Low 51,470 CRC

Transaction Impact: A difference of 7,960.92 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

11.8164

10.3595

JanuMarcMayJulySeptNove

AFN to CRC 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 11.6004, compared to 11.1203 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4802 points.

H1 Avg (Jan–Jun) 11.6004

H2 Avg (Jul–Dec) 11.1203

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 1.3816 CRC (High: 11.8862 / Low: 10.5046). On the other end, May was the most stable month, with a tight range of 0.0710 CRC (High: 11.5718 / Low: 11.5009).

September Spread (Volatile) ±1.3816

May Spread (Stable) ±0.0710

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.9481 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.9481

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 11.5117) against the same month in 2010 (average: 11.4291), the exchange rate shifted by +0.0826 (+0.72%).

2011 Avg (September) 11.5117

2010 Avg (September) 11.4291

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.8597	11.5840	11.6880
February	11.6326	11.5346	11.5765
March	11.5914	11.5010	11.5608
April	11.6166	11.4748	11.5569
May	11.5718	11.5009	11.5389
June	11.7291	11.6030	11.6814
July	11.7167	11.6201	11.6733
August	11.7330	11.6248	11.6950
September	11.8862	10.5046	11.5117
October	10.7004	10.4810	10.5636
November	11.0812	10.2940	10.4809
December	11.0299	10.3288	10.7969