2011 GMD to AFN Historical Review

YEARLY HIGH

1.7134 AFN

YEARLY LOW

1.4389 AFN

YEARLY AVERAGE

1.5705 AFN

2011 GMD to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the GMD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 12, valuing the pair at 1.7134. Conversely, the yearly low was recorded on September 21, dropping to 1.4389.

This high-to-low spread represents a total annual volatility of 0.2746 AFN. From a start-to-finish perspective, comparing the January average rate of 1.5521 to the December average rate of 1.6040, the exchange rate registered a net change of 3.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.7134 was down 8.53% compared to the 2010 peak of 1.8732, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,567 AFN

2010 Average 8,210 AFN

Yearly Trough Low 7,194 AFN

Transaction Impact: A difference of 1,372.95 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.6794

1.4977

JanuMarcMayJulySeptNove

GMD 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 1.5528, compared to 1.5882 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0353 points.

H1 Avg (Jan–Jun) 1.5528

H2 Avg (Jul–Dec) 1.5882

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.1935 AFN (High: 1.6324 / Low: 1.4389). On the other end, February was the most stable month, with a tight range of 0.0496 AFN (High: 1.5710 / Low: 1.5214).

September Spread (Volatile) ±0.1935

February Spread (Stable) ±0.0496

Growth Streaks & Declines

Trends

Between February and April, 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 November and December, when the average rate fell by 0.0448 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0448

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 1.6643) against the same month in 2010 (average: 1.6105), the exchange rate shifted by +0.0538 (+3.34%).

2011 Avg (October) 1.6643

2010 Avg (October) 1.6105

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5854	1.5217	1.5521
February	1.5710	1.5214	1.5333
March	1.6092	1.5209	1.5569
April	1.6092	1.5318	1.5618
May	1.5924	1.5207	1.5525
June	1.6256	1.5027	1.5604
July	1.6295	1.5048	1.5533
August	1.5817	1.4911	1.5459
September	1.6324	1.4389	1.5128
October	1.7134	1.6043	1.6643
November	1.6808	1.5461	1.6488
December	1.6802	1.5454	1.6040