2011 AFN to HTG Historical Review

YEARLY HIGH

0.9507 HTG

YEARLY LOW

0.8337 HTG

YEARLY AVERAGE

0.9193 HTG

2011 AFN to HTG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AFN to HTG exchange rate experienced significant fluctuation. The market reached its absolute peak on September 21, valuing the pair at 0.9507. Conversely, the yearly low was recorded on November 24, dropping to 0.8337.

This high-to-low spread represents a total annual volatility of 0.1170 HTG. From a start-to-finish perspective, comparing the January average rate of 0.9358 to the December average rate of 0.8715, the exchange rate registered a net change of -6.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.9507 was up 0.70% compared to the 2010 peak of 0.9441, 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 4,753 HTG

2010 Average 4,446 HTG

Yearly Trough Low 4,168 HTG

Transaction Impact: A difference of 584.98 HTG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.9578

0.8325

JanuMarcMayJulySeptNove

AFN to HTG 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 0.9440, compared to 0.8946 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0494 points.

H1 Avg (Jan–Jun) 0.9440

H2 Avg (Jul–Dec) 0.8946

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.1105 HTG (High: 0.9507 / Low: 0.8401). On the other end, October was the most stable month, with a tight range of 0.0060 HTG (High: 0.8461 / Low: 0.8401).

September Spread (Volatile) ±0.1105

October Spread (Stable) ±0.0060

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 0.0803 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0803

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 0.9233) against the same month in 2010 (average: 0.9115), the exchange rate shifted by +0.0118 (+1.29%).

2011 Avg (September) 0.9233

2010 Avg (September) 0.9115

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9485	0.9295	0.9358
February	0.9498	0.9434	0.9473
March	0.9506	0.9383	0.9452
April	0.9504	0.9378	0.9447
May	0.9502	0.9378	0.9463
June	0.9501	0.9311	0.9447
July	0.9494	0.9373	0.9428
August	0.9502	0.9330	0.9440
September	0.9507	0.8401	0.9233
October	0.8461	0.8401	0.8430
November	0.8894	0.8337	0.8429
December	0.8905	0.8343	0.8715