2011 AFN to TOP Historical Review

YEARLY HIGH

0.0439 TOP

YEARLY LOW

0.0349 TOP

YEARLY AVERAGE

0.0398 TOP

2011 AFN to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AFN to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.0439. Conversely, the yearly low was recorded on November 2, dropping to 0.0349.

This high-to-low spread represents a total annual volatility of 0.0090 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0432 to the December average rate of 0.0374, the exchange rate registered a net change of -13.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0439 was down 2.15% compared to the 2010 peak of 0.0448, 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 219 TOP

2010 Average 213 TOP

Yearly Trough Low 174 TOP

Transaction Impact: A difference of 45.02 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0440

0.0347

JanuMarcMayJulySeptNove

AFN to TOP 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 0.0423, compared to 0.0373 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 0.0423

H2 Avg (Jul–Dec) 0.0373

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0037 TOP (High: 0.0394 / Low: 0.0357). On the other end, February was the most stable month, with a tight range of 0.0001 TOP (High: 0.0432 / Low: 0.0431).

September Spread (Volatile) ±0.0037

February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between October and December, 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 0.0027 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.0432) against the same month in 2010 (average: 0.0395), the exchange rate shifted by +0.0038 (+9.57%).

2011 Avg (January) 0.0432

2010 Avg (January) 0.0395

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0439	0.0431	0.0432
February	0.0432	0.0431	0.0431
March	0.0433	0.0427	0.0431
April	0.0433	0.0413	0.0426
May	0.0413	0.0408	0.0410
June	0.0407	0.0400	0.0404
July	0.0401	0.0375	0.0392
August	0.0384	0.0374	0.0381
September	0.0394	0.0357	0.0382
October	0.0363	0.0349	0.0355
November	0.0372	0.0349	0.0355
December	0.0384	0.0354	0.0374