2011 ILS to AFN Historical Review

YEARLY HIGH

13.4436 AFN

YEARLY LOW

11.5794 AFN

YEARLY AVERAGE

12.3703 AFN

2011 ILS to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ILS to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 13.4436. Conversely, the yearly low was recorded on February 4, dropping to 11.5794.

This high-to-low spread represents a total annual volatility of 1.8642 AFN. From a start-to-finish perspective, comparing the January average rate of 11.9904 to the December average rate of 12.3024, the exchange rate registered a net change of 2.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 13.4436 was up 1.44% compared to the 2010 peak of 13.2527, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 67,218 AFN

2010 Average 60,586 AFN

Yearly Trough Low 57,897 AFN

Transaction Impact: A difference of 9,321.14 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

13.3238

11.6106

JanuMarcMayJulySeptNove

ILS 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 12.2309, compared to 12.5096 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2788 points.

H1 Avg (Jan–Jun) 12.2309

H2 Avg (Jul–Dec) 12.5096

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 1.4232 AFN (High: 13.0217 / Low: 11.5985). On the other end, July was the most stable month, with a tight range of 0.2457 AFN (High: 12.6842 / Low: 12.4385).

September Spread (Volatile) ±1.4232

July Spread (Stable) ±0.2457

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 0.6140 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.6140

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 13.1810) against the same month in 2010 (average: 11.9840), the exchange rate shifted by +1.1970 (+9.99%).

2011 Avg (October) 13.1810

2010 Avg (October) 11.9840

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.2061	11.5845	11.9904
February	11.9364	11.5794	11.7534
March	12.3741	11.8302	12.0746
April	12.6916	12.3603	12.5423
May	12.7415	12.1702	12.4186
June	12.7790	12.3612	12.6059
July	12.6842	12.4385	12.5932
August	12.5868	11.9134	12.1171
September	13.0217	11.5985	11.9477
October	13.4436	12.8653	13.1810
November	13.2060	12.2358	12.9164
December	12.9604	11.9746	12.3024