2011 AFN to MRO Historical Review

YEARLY HIGH

6.6928 MRO

YEARLY LOW

5.8008 MRO

YEARLY AVERAGE

6.3297 MRO

2011 AFN to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AFN to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 6.6928. Conversely, the yearly low was recorded on September 27, dropping to 5.8008.

This high-to-low spread represents a total annual volatility of 0.8921 MRO. From a start-to-finish perspective, comparing the January average rate of 6.5141 to the December average rate of 6.1683, the exchange rate registered a net change of -5.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 6.6928 was up 0.62% compared to the 2010 peak of 6.6516, 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 33,464 MRO

2010 Average 30,352 MRO

Yearly Trough Low 29,004 MRO

Transaction Impact: A difference of 4,460.26 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

6.6219

5.8532

JanuMarcMayJulySeptNove

AFN to MRO 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 6.4451, compared to 6.2144 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2306 points.

H1 Avg (Jan–Jun) 6.4451

H2 Avg (Jul–Dec) 6.2144

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.7883 MRO (High: 6.5891 / Low: 5.8008). On the other end, July was the most stable month, with a tight range of 0.1353 MRO (High: 6.4645 / Low: 6.3292).

September Spread (Volatile) ±0.7883

July Spread (Stable) ±0.1353

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.4421 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4421

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2011: 6.5532) against the same month in 2010 (average: 5.4274), the exchange rate shifted by +1.1258 (+20.74%).

2011 Avg (February) 6.5532

2010 Avg (February) 5.4274

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.5916	6.4087	6.5141
February	6.6928	6.3855	6.5532
March	6.6691	6.4174	6.5579
April	6.5772	6.3034	6.3928
May	6.3701	6.2181	6.3108
June	6.4162	6.2667	6.3417
July	6.4645	6.3292	6.4013
August	6.5626	6.3760	6.4632
September	6.5891	5.8008	6.3893
October	6.0323	5.8431	5.9472
November	6.3032	5.8048	5.9173
December	6.3089	5.8873	6.1683