2012 BTN to AFN Historical Review

YEARLY HIGH

1.0285 AFN

YEARLY LOW

0.8451 AFN

YEARLY AVERAGE

0.9321 AFN

2012 BTN to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the BTN to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 1.0285. Conversely, the yearly low was recorded on June 24, dropping to 0.8451.

This high-to-low spread represents a total annual volatility of 0.1834 AFN. From a start-to-finish perspective, comparing the January average rate of 0.9015 to the December average rate of 0.9418, the exchange rate registered a net change of 4.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.0285 was up 3.76% compared to the 2011 peak of 0.9912, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,142 AFN

2011 Average 4,750 AFN

Yearly Trough Low 4,225 AFN

Transaction Impact: A difference of 916.97 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.9893

0.8512

JanuMarcMayJulySeptNove

BTN 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 0.9210, compared to 0.9433 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0223 points.

H1 Avg (Jan–Jun) 0.9210

H2 Avg (Jul–Dec) 0.9433

Volatility Range Comparison

Volatility

The most volatile month in 2012 was September, with a trading range of 0.1019 AFN (High: 1.0155 / Low: 0.9137). On the other end, August was the most stable month, with a tight range of 0.0110 AFN (High: 0.9449 / Low: 0.9339).

September Spread (Volatile) ±0.1019

August Spread (Stable) ±0.0110

Growth Streaks & Declines

Trends

Between June and October, 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 April and May, when the average rate fell by 0.0455 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0455

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2012: 0.9709) against the same month in 2011 (average: 0.9814), the exchange rate shifted by -0.0105 (-1.07%).

2012 Avg (October) 0.9709

2011 Avg (October) 0.9814

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9387	0.8568	0.9015
February	1.0015	0.9393	0.9778
March	0.9892	0.9402	0.9607
April	0.9526	0.9162	0.9344
May	0.9172	0.8609	0.8889
June	0.8775	0.8451	0.8627
July	0.9472	0.8648	0.9048
August	0.9449	0.9339	0.9402
September	1.0155	0.9137	0.9490
October	1.0285	0.9572	0.9709
November	0.9705	0.9309	0.9529
December	0.9563	0.9324	0.9418