2011 AFN to CVE Historical Review

YEARLY HIGH

1.9862 CVE

YEARLY LOW

1.6126 CVE

YEARLY AVERAGE

1.7943 CVE

2011 AFN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AFN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 1.9862. Conversely, the yearly low was recorded on October 30, dropping to 1.6126.

This high-to-low spread represents a total annual volatility of 0.3736 CVE. From a start-to-finish perspective, comparing the January average rate of 1.9180 to the December average rate of 1.8046, the exchange rate registered a net change of -5.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.9862 was down 1.94% compared to the 2010 peak of 2.0255, 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 9,931 CVE

2010 Average 9,220 CVE

Yearly Trough Low 8,063 CVE

Transaction Impact: A difference of 1,868.09 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.9434

1.6389

JanuMarcMayJulySeptNove

AFN to CVE 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 1.8280, compared to 1.7606 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0674 points.

H1 Avg (Jan–Jun) 1.8280

H2 Avg (Jul–Dec) 1.7606

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.2201 CVE (High: 1.8951 / Low: 1.6750). On the other end, August was the most stable month, with a tight range of 0.0424 CVE (High: 1.8122 / Low: 1.7698).

September Spread (Volatile) ±0.2201

August Spread (Stable) ±0.0424

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 0.1552 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1552

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 1.9180) against the same month in 2010 (average: 1.6050), the exchange rate shifted by +0.3130 (+19.50%).

2011 Avg (January) 1.9180

2010 Avg (January) 1.6050

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9862	1.8684	1.9180
February	1.9068	1.8525	1.8783
March	1.8618	1.8036	1.8308
April	1.8133	1.7256	1.7737
May	1.8275	1.7215	1.7855
June	1.8193	1.7507	1.7815
July	1.8335	1.7670	1.7952
August	1.8122	1.7698	1.7892
September	1.8951	1.6750	1.8195
October	1.7314	1.6126	1.6642
November	1.7846	1.6529	1.6908
December	1.8708	1.6898	1.8046