2011 BND to AFN Historical Review

YEARLY HIGH

38.7967 AFN

YEARLY LOW

33.1370 AFN

YEARLY AVERAGE

35.2125 AFN

2011 BND to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the BND to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 38.7967. Conversely, the yearly low was recorded on January 10, dropping to 33.1370.

This high-to-low spread represents a total annual volatility of 5.6597 AFN. From a start-to-finish perspective, comparing the January average rate of 33.4159 to the December average rate of 35.8672, the exchange rate registered a net change of 7.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 38.7967 was up 10.60% compared to the 2010 peak of 35.0795, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BND based on timing:

Yearly Peak High 193,983 AFN

2010 Average 165,864 AFN

Yearly Trough Low 165,685 AFN

Transaction Impact: A difference of 28,298.67 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

38.3148

32.9706

JanuMarcMayJulySeptNove

BND to AFN 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 34.1925, compared to 36.2325 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0401 points.

H1 Avg (Jan–Jun) 34.1925

H2 Avg (Jul–Dec) 36.2325

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 4.2748 AFN (High: 38.0687 / Low: 33.7938). On the other end, February was the most stable month, with a tight range of 0.3339 AFN (High: 33.8446 / Low: 33.5107).

September Spread (Volatile) ±4.2748

February Spread (Stable) ±0.3339

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 November and December, when the average rate fell by 1.4469 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -1.4469

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 37.8694) against the same month in 2010 (average: 33.2095), the exchange rate shifted by +4.6599 (+14.03%).

2011 Avg (October) 37.8694

2010 Avg (October) 33.2095

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	33.5617	33.1370	33.4159
February	33.8446	33.5107	33.7057
March	34.1435	33.6012	33.9246
April	35.1081	34.0404	34.4925
May	35.1742	34.3977	34.7627
June	35.2075	34.6385	34.8535
July	35.7820	34.9390	35.3589
August	35.8986	35.2422	35.5517
September	38.0687	33.7938	35.4340
October	38.7967	36.8850	37.8694
November	38.2581	35.2830	37.3141
December	37.7546	34.8950	35.8672