2011 NPR to AFN Historical Review

YEARLY HIGH

0.6268 AFN

YEARLY LOW

0.5318 AFN

YEARLY AVERAGE

0.5985 AFN

2011 NPR to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NPR to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.6268. Conversely, the yearly low was recorded on December 18, dropping to 0.5318.

This high-to-low spread represents a total annual volatility of 0.0950 AFN. From a start-to-finish perspective, comparing the January average rate of 0.6045 to the December average rate of 0.5540, the exchange rate registered a net change of -8.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.6268 was down 8.40% compared to the 2010 peak of 0.6842, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,134 AFN

2010 Average 3,170 AFN

Yearly Trough Low 2,659 AFN

Transaction Impact: A difference of 474.90 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.6305

0.5470

JanuMarcMayJulySeptNove

NPR 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 0.6035, compared to 0.5936 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0098 points.

H1 Avg (Jan–Jun) 0.6035

H2 Avg (Jul–Dec) 0.5936

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0693 AFN (High: 0.6268 / Low: 0.5575). On the other end, April was the most stable month, with a tight range of 0.0062 AFN (High: 0.6098 / Low: 0.6036).

September Spread (Volatile) ±0.0693

April Spread (Stable) ±0.0062

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 0.0490 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0490

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2011: 0.5827) against the same month in 2010 (average: 0.6165), the exchange rate shifted by -0.0338 (-5.48%).

2011 Avg (September) 0.5827

2010 Avg (September) 0.6165

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6105	0.6016	0.6045
February	0.6085	0.6016	0.6043
March	0.6110	0.6046	0.6070
April	0.6098	0.6036	0.6071
May	0.6084	0.5920	0.5983
June	0.6042	0.5964	0.5995
July	0.6119	0.6008	0.6055
August	0.6099	0.5840	0.5930
September	0.6268	0.5575	0.5827
October	0.6268	0.6182	0.6235
November	0.6260	0.5623	0.6030
December	0.5896	0.5318	0.5540