2011 MNT to AFN Historical Review

YEARLY HIGH

0.0384 AFN

YEARLY LOW

0.0330 AFN

YEARLY AVERAGE

0.0352 AFN

2011 MNT to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MNT to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.0384. Conversely, the yearly low was recorded on December 31, dropping to 0.0330.

This high-to-low spread represents a total annual volatility of 0.0054 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0346 to the December average rate of 0.0341, the exchange rate registered a net change of -1.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0384 was up 7.20% compared to the 2010 peak of 0.0359, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 192 AFN

2010 Average 167 AFN

Yearly Trough Low 165 AFN

Transaction Impact: A difference of 26.98 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0381

0.0337

JanuMarcMayJulySeptNove

MNT 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 0.0348, compared to 0.0356 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0348

H2 Avg (Jul–Dec) 0.0356

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0044 AFN (High: 0.0384 / Low: 0.0340). On the other end, February was the most stable month, with a tight range of 0.0003 AFN (High: 0.0346 / Low: 0.0343).

September Spread (Volatile) ±0.0044

February Spread (Stable) ±0.0003

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 November and December, when the average rate fell by 0.0029 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 0.0351) against the same month in 2010 (average: 0.0334), the exchange rate shifted by +0.0018 (+5.25%).

2011 Avg (September) 0.0351

2010 Avg (September) 0.0334

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0350	0.0338	0.0346
February	0.0346	0.0343	0.0345
March	0.0361	0.0345	0.0352
April	0.0361	0.0342	0.0354
May	0.0357	0.0340	0.0350
June	0.0352	0.0340	0.0344
July	0.0349	0.0344	0.0346
August	0.0354	0.0343	0.0350
September	0.0384	0.0340	0.0351
October	0.0384	0.0373	0.0377
November	0.0375	0.0345	0.0370
December	0.0362	0.0330	0.0341