2011 AFN to TRY Historical Review

YEARLY HIGH

0.0426 TRY

YEARLY LOW

0.0350 TRY

YEARLY AVERAGE

0.0379 TRY

2011 AFN to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AFN to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 23, valuing the pair at 0.0426. Conversely, the yearly low was recorded on April 8, dropping to 0.0350.

This high-to-low spread represents a total annual volatility of 0.0076 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0364 to the December average rate of 0.0403, the exchange rate registered a net change of 10.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0426 was up 17.22% compared to the 2010 peak of 0.0363, 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 213 TRY

2010 Average 167 TRY

Yearly Trough Low 175 TRY

Transaction Impact: A difference of 38.17 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0414

0.0348

JanuMarcMayJulySeptNove

AFN to TRY 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 0.0365, compared to 0.0393 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0365

H2 Avg (Jul–Dec) 0.0393

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0044 TRY (High: 0.0426 / Low: 0.0382). On the other end, February was the most stable month, with a tight range of 0.0007 TRY (High: 0.0373 / Low: 0.0366).

September Spread (Volatile) ±0.0044

February Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0030 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 0.0408) against the same month in 2010 (average: 0.0339), the exchange rate shifted by +0.0069 (+20.40%).

2011 Avg (September) 0.0408

2010 Avg (September) 0.0339

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0373	0.0357	0.0364
February	0.0373	0.0366	0.0370
March	0.0377	0.0359	0.0367
April	0.0358	0.0350	0.0353
May	0.0373	0.0353	0.0366
June	0.0382	0.0366	0.0372
July	0.0399	0.0374	0.0385
August	0.0416	0.0390	0.0408
September	0.0426	0.0382	0.0408
October	0.0393	0.0361	0.0379
November	0.0394	0.0364	0.0377
December	0.0420	0.0377	0.0403