2011 AFN to HNL Historical Review

YEARLY HIGH

0.4404 HNL

YEARLY LOW

0.3909 HNL

YEARLY AVERAGE

0.4282 HNL

2011 AFN to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AFN to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 0.4404. Conversely, the yearly low was recorded on November 27, dropping to 0.3909.

This high-to-low spread represents a total annual volatility of 0.0495 HNL. From a start-to-finish perspective, comparing the January average rate of 0.4397 to the December average rate of 0.4084, the exchange rate registered a net change of -7.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.4404 was down 0.12% compared to the 2010 peak of 0.4409, 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 2,202 HNL

2010 Average 2,094 HNL

Yearly Trough Low 1,954 HNL

Transaction Impact: A difference of 247.40 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.4445

0.3872

JanuMarcMayJulySeptNove

AFN to HNL 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 0.4396, compared to 0.4167 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0229 points.

H1 Avg (Jan–Jun) 0.4396

H2 Avg (Jul–Dec) 0.4167

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0489 HNL (High: 0.4400 / Low: 0.3911). On the other end, January was the most stable month, with a tight range of 0.0002 HNL (High: 0.4398 / Low: 0.4396).

September Spread (Volatile) ±0.0489

January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and May, 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 0.0373 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0373

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2011: 0.4395) against the same month in 2010 (average: 0.4053), the exchange rate shifted by +0.0341 (+8.42%).

2011 Avg (March) 0.4395

2010 Avg (March) 0.4053

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4398	0.4396	0.4397
February	0.4399	0.4393	0.4397
March	0.4404	0.4383	0.4395
April	0.4400	0.4393	0.4396
May	0.4401	0.4394	0.4397
June	0.4402	0.4363	0.4395
July	0.4400	0.4379	0.4394
August	0.4397	0.4341	0.4375
September	0.4400	0.3911	0.4293
October	0.3930	0.3912	0.3919
November	0.4150	0.3909	0.3936
December	0.4166	0.3913	0.4084