2011 CVE to AFN Historical Review

YEARLY HIGH

0.6201 AFN

YEARLY LOW

0.5035 AFN

YEARLY AVERAGE

0.5583 AFN

2011 CVE to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the CVE to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 0.6201. Conversely, the yearly low was recorded on January 10, dropping to 0.5035.

This high-to-low spread represents a total annual volatility of 0.1167 AFN. From a start-to-finish perspective, comparing the January average rate of 0.5216 to the December average rate of 0.5550, the exchange rate registered a net change of 6.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.6201 was down 3.50% compared to the 2010 peak of 0.6426, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,101 AFN

2010 Average 2,722 AFN

Yearly Trough Low 2,517 AFN

Transaction Impact: A difference of 583.27 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.6090

0.5136

JanuMarcMayJulySeptNove

CVE 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 0.5476, compared to 0.5690 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0214 points.

H1 Avg (Jan–Jun) 0.5476

H2 Avg (Jul–Dec) 0.5690

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0694 AFN (High: 0.5970 / Low: 0.5277). On the other end, August was the most stable month, with a tight range of 0.0132 AFN (High: 0.5650 / Low: 0.5518).

September Spread (Volatile) ±0.0694

August Spread (Stable) ±0.0132

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0366 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0366

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 0.6011) against the same month in 2010 (average: 0.5458), the exchange rate shifted by +0.0553 (+10.14%).

2011 Avg (October) 0.6011

2010 Avg (October) 0.5458

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5352	0.5035	0.5216
February	0.5398	0.5244	0.5324
March	0.5545	0.5371	0.5463
April	0.5795	0.5515	0.5639
May	0.5809	0.5472	0.5602
June	0.5712	0.5497	0.5614
July	0.5659	0.5454	0.5571
August	0.5650	0.5518	0.5589
September	0.5970	0.5277	0.5504
October	0.6201	0.5776	0.6011
November	0.6050	0.5603	0.5916
December	0.5918	0.5345	0.5550