2011 ETB to AFN Historical Review

YEARLY HIGH

3.3847 AFN

YEARLY LOW

2.5029 AFN

YEARLY AVERAGE

2.8198 AFN

2011 ETB to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ETB to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 3.3847. Conversely, the yearly low was recorded on August 4, dropping to 2.5029.

This high-to-low spread represents a total annual volatility of 0.8819 AFN. From a start-to-finish perspective, comparing the January average rate of 3.3807 to the December average rate of 2.6928, the exchange rate registered a net change of -20.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 3.3847 was down 26.05% compared to the 2010 peak of 4.5772, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,924 AFN

2010 Average 19,589 AFN

Yearly Trough Low 12,514 AFN

Transaction Impact: A difference of 4,409.38 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

3.4665

2.4361

JanuMarcMayJulySeptNove

ETB 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 2.9814, compared to 2.6581 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3233 points.

H1 Avg (Jan–Jun) 2.9814

H2 Avg (Jul–Dec) 2.6581

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.8158 AFN (High: 3.3613 / Low: 2.5455). On the other end, October was the most stable month, with a tight range of 0.0067 AFN (High: 2.8248 / Low: 2.8180).

April Spread (Volatile) ±0.8158

October Spread (Stable) ±0.0067

Growth Streaks & Declines

Trends

Between August and October, 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 March and April, when the average rate fell by 0.6990 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.6990

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 3.3807) against the same month in 2010 (average: 4.4729), the exchange rate shifted by -1.0923 (-24.42%).

2011 Avg (January) 3.3807

2010 Avg (January) 4.4729

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.3847	3.3764	3.3807
February	3.3767	3.3687	3.3731
March	3.3763	3.3610	3.3662
April	3.3613	2.5455	2.6672
May	2.5584	2.5430	2.5555
June	2.5740	2.5367	2.5460
July	2.5391	2.5262	2.5324
August	2.5385	2.5029	2.5220
September	2.8255	2.5124	2.5766
October	2.8248	2.8180	2.8221
November	2.8224	2.6532	2.8028
December	2.8070	2.6381	2.6928