2011 AFN to ETB Historical Review

YEARLY HIGH

0.3995 ETB

YEARLY LOW

0.2954 ETB

YEARLY AVERAGE

0.3595 ETB

2011 AFN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AFN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.3995. Conversely, the yearly low was recorded on January 2, dropping to 0.2954.

This high-to-low spread represents a total annual volatility of 0.1041 ETB. From a start-to-finish perspective, comparing the January average rate of 0.2958 to the December average rate of 0.3716, the exchange rate registered a net change of 25.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.3995 was up 35.15% compared to the 2010 peak of 0.2956, 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 1,998 ETB

2010 Average 1,289 ETB

Yearly Trough Low 1,477 ETB

Transaction Impact: A difference of 520.50 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.4066

0.2857

JanuMarcMayJulySeptNove

AFN to ETB 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 0.3419, compared to 0.3772 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0352 points.

H1 Avg (Jan–Jun) 0.3419

H2 Avg (Jul–Dec) 0.3772

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.0953 ETB (High: 0.3928 / Low: 0.2975). On the other end, February was the most stable month, with a tight range of 0.0007 ETB (High: 0.2969 / Low: 0.2961).

April Spread (Volatile) ±0.0953

February Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0344 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0344

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 0.3965) against the same month in 2010 (average: 0.2547), the exchange rate shifted by +0.1418 (+55.66%).

2011 Avg (August) 0.3965

2010 Avg (August) 0.2547

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2962	0.2954	0.2958
February	0.2969	0.2961	0.2965
March	0.2975	0.2962	0.2971
April	0.3928	0.2975	0.3781
May	0.3932	0.3909	0.3913
June	0.3942	0.3885	0.3928
July	0.3959	0.3938	0.3949
August	0.3995	0.3939	0.3965
September	0.3980	0.3539	0.3888
October	0.3549	0.3540	0.3544
November	0.3769	0.3543	0.3569
December	0.3791	0.3563	0.3716