2011 AFN to ZAR Historical Review

YEARLY HIGH

0.1930 ZAR

YEARLY LOW

0.1530 ZAR

YEARLY AVERAGE

0.1639 ZAR

2011 AFN to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AFN to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.1930. Conversely, the yearly low was recorded on May 1, dropping to 0.1530.

This high-to-low spread represents a total annual volatility of 0.0399 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1610 to the December average rate of 0.1763, the exchange rate registered a net change of 9.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1930 was up 10.57% compared to the 2010 peak of 0.1745, 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 965 ZAR

2010 Average 809 ZAR

Yearly Trough Low 765 ZAR

Transaction Impact: A difference of 199.56 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1783

0.1543

JanuMarcMayJulySeptNove

AFN to ZAR 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 0.1604, compared to 0.1674 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 0.1604

H2 Avg (Jul–Dec) 0.1674

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0307 ZAR (High: 0.1930 / Low: 0.1622). On the other end, June was the most stable month, with a tight range of 0.0041 ZAR (High: 0.1601 / Low: 0.1560).

September Spread (Volatile) ±0.0307

June Spread (Stable) ±0.0041

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 0.0069 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 0.1715) against the same month in 2010 (average: 0.1616), the exchange rate shifted by +0.0099 (+6.13%).

2011 Avg (September) 0.1715

2010 Avg (September) 0.1616

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1670	0.1536	0.1610
February	0.1699	0.1618	0.1670
March	0.1648	0.1576	0.1607
April	0.1595	0.1530	0.1563
May	0.1638	0.1530	0.1594
June	0.1601	0.1560	0.1578
July	0.1624	0.1549	0.1576
August	0.1689	0.1557	0.1649
September	0.1930	0.1622	0.1715
October	0.1718	0.1600	0.1646
November	0.1789	0.1626	0.1693
December	0.1838	0.1657	0.1763