2011 AFN to KES Historical Review

YEARLY HIGH

2.2905 KES

YEARLY LOW

1.8210 KES

YEARLY AVERAGE

2.0048 KES

2011 AFN to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AFN to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on September 22, valuing the pair at 2.2905. Conversely, the yearly low was recorded on December 26, dropping to 1.8210.

This high-to-low spread represents a total annual volatility of 0.4695 KES. From a start-to-finish perspective, comparing the January average rate of 1.8818 to the December average rate of 1.8610, the exchange rate registered a net change of -1.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.2905 was up 21.75% compared to the 2010 peak of 1.8812, 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 11,452 KES

2010 Average 8,774 KES

Yearly Trough Low 9,105 KES

Transaction Impact: A difference of 2,347.30 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.2200

1.8284

JanuMarcMayJulySeptNove

AFN to KES 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 1.9555, compared to 2.0540 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0984 points.

H1 Avg (Jan–Jun) 1.9555

H2 Avg (Jul–Dec) 2.0540

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.2281 KES (High: 2.2905 / Low: 2.0623). On the other end, January was the most stable month, with a tight range of 0.0142 KES (High: 1.8888 / Low: 1.8746).

September Spread (Volatile) ±0.2281

January Spread (Stable) ±0.0142

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1542 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1542

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 2.1874) against the same month in 2010 (average: 1.8323), the exchange rate shifted by +0.3551 (+19.38%).

2011 Avg (September) 2.1874

2010 Avg (September) 1.8323

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8888	1.8746	1.8818
February	1.9147	1.8813	1.8947
March	1.9985	1.9238	1.9587
April	1.9577	1.9366	1.9484
May	2.0172	1.9366	1.9826
June	2.1263	1.9818	2.0671
July	2.1192	2.0585	2.0898
August	2.2082	2.1195	2.1598
September	2.2905	2.0623	2.1874
October	2.1994	2.0523	2.0900
November	2.0594	1.8460	1.9359
December	1.9611	1.8210	1.8610