2011 AFN to NPR Historical Review

YEARLY HIGH

1.8804 NPR

YEARLY LOW

1.5955 NPR

YEARLY AVERAGE

1.6726 NPR

2011 AFN to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AFN to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 1.8804. Conversely, the yearly low was recorded on October 2, dropping to 1.5955.

This high-to-low spread represents a total annual volatility of 0.2850 NPR. From a start-to-finish perspective, comparing the January average rate of 1.6542 to the December average rate of 1.8080, the exchange rate registered a net change of 9.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.8804 was up 13.05% compared to the 2010 peak of 1.6633, 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 9,402 NPR

2010 Average 7,897 NPR

Yearly Trough Low 7,977 NPR

Transaction Impact: A difference of 1,424.77 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.8284

1.5834

JanuMarcMayJulySeptNove

AFN to NPR 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 1.6572, compared to 1.6880 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0308 points.

H1 Avg (Jan–Jun) 1.6572

H2 Avg (Jul–Dec) 1.6880

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.1983 NPR (High: 1.7937 / Low: 1.5955). On the other end, April was the most stable month, with a tight range of 0.0169 NPR (High: 1.6567 / Low: 1.6398).

September Spread (Volatile) ±0.1983

April Spread (Stable) ±0.0169

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1148 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1148

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 1.8080) against the same month in 2010 (average: 1.6450), the exchange rate shifted by +0.1630 (+9.91%).

2011 Avg (December) 1.8080

2010 Avg (December) 1.6450

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6622	1.6380	1.6542
February	1.6622	1.6435	1.6549
March	1.6541	1.6366	1.6474
April	1.6567	1.6398	1.6471
May	1.6892	1.6437	1.6714
June	1.6767	1.6552	1.6681
July	1.6645	1.6342	1.6514
August	1.7123	1.6397	1.6865
September	1.7937	1.5955	1.7186
October	1.6176	1.5955	1.6039
November	1.7784	1.5974	1.6599
December	1.8804	1.6960	1.8080