2011 AFN to NIO Historical Review

YEARLY HIGH

0.5273 NIO

YEARLY LOW

0.4607 NIO

YEARLY AVERAGE

0.4944 NIO

2011 AFN to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AFN to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on September 21, valuing the pair at 0.5273. Conversely, the yearly low was recorded on January 2, dropping to 0.4607.

This high-to-low spread represents a total annual volatility of 0.0667 NIO. From a start-to-finish perspective, comparing the January average rate of 0.4613 to the December average rate of 0.4940, the exchange rate registered a net change of 7.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.5273 was up 14.36% compared to the 2010 peak of 0.4611, 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 2,637 NIO

2010 Average 2,167 NIO

Yearly Trough Low 2,303 NIO

Transaction Impact: A difference of 333.30 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.5308

0.4550

JanuMarcMayJulySeptNove

AFN to NIO 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 0.4889, compared to 0.4998 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0109 points.

H1 Avg (Jan–Jun) 0.4889

H2 Avg (Jul–Dec) 0.4998

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0584 NIO (High: 0.5273 / Low: 0.4690). On the other end, February was the most stable month, with a tight range of 0.0011 NIO (High: 0.4628 / Low: 0.4617).

September Spread (Volatile) ±0.0584

February Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0453 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0453

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 0.5149) against the same month in 2010 (average: 0.4458), the exchange rate shifted by +0.0691 (+15.50%).

2011 Avg (September) 0.5149

2010 Avg (September) 0.4458

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4619	0.4607	0.4613
February	0.4628	0.4617	0.4623
March	0.4640	0.4617	0.4632
April	0.5171	0.4641	0.5091
May	0.5190	0.5168	0.5178
June	0.5214	0.5153	0.5198
July	0.5233	0.5203	0.5221
August	0.5265	0.5212	0.5245
September	0.5273	0.4690	0.5149
October	0.4705	0.4691	0.4697
November	0.5009	0.4698	0.4737
December	0.5042	0.4731	0.4940