2011 QAR to AFN Historical Review

YEARLY HIGH

13.2906 AFN

YEARLY LOW

11.8019 AFN

YEARLY AVERAGE

12.1598 AFN

2011 QAR to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the QAR to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 13.2906. Conversely, the yearly low was recorded on August 4, dropping to 11.8019.

This high-to-low spread represents a total annual volatility of 1.4887 AFN. From a start-to-finish perspective, comparing the January average rate of 11.8199 to the December average rate of 12.7578, the exchange rate registered a net change of 7.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 13.2906 was down 1.49% compared to the 2010 peak of 13.4910, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 66,453 AFN

2010 Average 62,148 AFN

Yearly Trough Low 59,009 AFN

Transaction Impact: A difference of 7,443.40 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

13.4197

11.6682

JanuMarcMayJulySeptNove

QAR 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 11.8208, compared to 12.4988 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6781 points.

H1 Avg (Jan–Jun) 11.8208

H2 Avg (Jul–Dec) 12.4988

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 1.4725 AFN (High: 13.2771 / Low: 11.8046). On the other end, January was the most stable month, with a tight range of 0.0055 AFN (High: 11.8230 / Low: 11.8175).

September Spread (Volatile) ±1.4725

January Spread (Stable) ±0.0055

Growth Streaks & Declines

Trends

Between April and June, 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 0.4676 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4676

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 13.2255) against the same month in 2010 (average: 11.8195), the exchange rate shifted by +1.4060 (+11.90%).

2011 Avg (November) 13.2255

2010 Avg (November) 11.8195

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.8230	11.8175	11.8199
February	11.8220	11.8166	11.8197
March	11.8489	11.8076	11.8230
April	11.8275	11.8131	11.8190
May	11.8264	11.8098	11.8192
June	11.9052	11.8091	11.8238
July	11.8269	11.8125	11.8198
August	11.8255	11.8019	11.8142
September	13.2771	11.8046	12.1021
October	13.2863	13.2662	13.2737
November	13.2906	12.5397	13.2255
December	13.2794	12.5243	12.7578