2011 MRO to AFN Historical Review

YEARLY HIGH

0.1724 AFN

YEARLY LOW

0.1494 AFN

YEARLY AVERAGE

0.1582 AFN

2011 MRO to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the MRO to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.1724. Conversely, the yearly low was recorded on February 27, dropping to 0.1494.

This high-to-low spread represents a total annual volatility of 0.0230 AFN. From a start-to-finish perspective, comparing the January average rate of 0.1535 to the December average rate of 0.1622, the exchange rate registered a net change of 5.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.1724 was down 8.15% compared to the 2010 peak of 0.1877, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 862 AFN

2010 Average 828 AFN

Yearly Trough Low 747 AFN

Transaction Impact: A difference of 114.89 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.1707

0.1508

JanuMarcMayJulySeptNove

MRO 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 0.1552, compared to 0.1612 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 0.1552

H2 Avg (Jul–Dec) 0.1612

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0206 AFN (High: 0.1724 / Low: 0.1518). On the other end, July was the most stable month, with a tight range of 0.0033 AFN (High: 0.1580 / Low: 0.1547).

September Spread (Volatile) ±0.0206

July Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between August and November, 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 0.0068 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 0.1568) against the same month in 2010 (average: 0.1545), the exchange rate shifted by +0.0022 (+1.44%).

2011 Avg (September) 0.1568

2010 Avg (September) 0.1545

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1560	0.1517	0.1535
February	0.1566	0.1494	0.1526
March	0.1558	0.1499	0.1525
April	0.1586	0.1520	0.1565
May	0.1608	0.1570	0.1585
June	0.1596	0.1559	0.1577
July	0.1580	0.1547	0.1562
August	0.1568	0.1524	0.1547
September	0.1724	0.1518	0.1568
October	0.1711	0.1658	0.1682
November	0.1723	0.1586	0.1690
December	0.1699	0.1585	0.1622