2011 AFN to MVR Historical Review

YEARLY HIGH

0.3286 MVR

YEARLY LOW

0.2896 MVR

YEARLY AVERAGE

0.3081 MVR

2011 AFN to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AFN to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 21, valuing the pair at 0.3286. Conversely, the yearly low was recorded on November 27, dropping to 0.2896.

This high-to-low spread represents a total annual volatility of 0.0390 MVR. From a start-to-finish perspective, comparing the January average rate of 0.2975 to the December average rate of 0.3034, the exchange rate registered a net change of 1.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.3286 was up 10.18% compared to the 2010 peak of 0.2983, 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 1,643 MVR

2010 Average 1,417 MVR

Yearly Trough Low 1,448 MVR

Transaction Impact: A difference of 195.16 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.3310

0.2885

JanuMarcMayJulySeptNove

AFN to MVR 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 0.3056, compared to 0.3106 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 0.3056

H2 Avg (Jul–Dec) 0.3106

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0363 MVR (High: 0.3286 / Low: 0.2924). On the other end, January was the most stable month, with a tight range of 0.0002 MVR (High: 0.2976 / Low: 0.2974).

September Spread (Volatile) ±0.0363

January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and August, 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 September and October, when the average rate fell by 0.0286 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0286

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 0.3206) against the same month in 2010 (average: 0.2902), the exchange rate shifted by +0.0304 (+10.48%).

2011 Avg (September) 0.3206

2010 Avg (September) 0.2902

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2976	0.2974	0.2975
February	0.2977	0.2974	0.2975
March	0.2979	0.2968	0.2975
April	0.2977	0.2974	0.2976
May	0.3281	0.2975	0.3171
June	0.3282	0.3242	0.3267
July	0.3280	0.3265	0.3273
August	0.3280	0.3267	0.3274
September	0.3286	0.2924	0.3206
October	0.2925	0.2913	0.2920
November	0.3079	0.2896	0.2926
December	0.3092	0.2906	0.3034