2011 RON to AFN Historical Review

YEARLY HIGH

15.8543 AFN

YEARLY LOW

13.0298 AFN

YEARLY AVERAGE

14.5295 AFN

2011 RON to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the RON to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 15.8543. Conversely, the yearly low was recorded on January 10, dropping to 13.0298.

This high-to-low spread represents a total annual volatility of 2.8245 AFN. From a start-to-finish perspective, comparing the January average rate of 13.4842 to the December average rate of 14.1435, the exchange rate registered a net change of 4.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 15.8543 was down 7.42% compared to the 2010 peak of 17.1251, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 79,271 AFN

2010 Average 71,363 AFN

Yearly Trough Low 65,149 AFN

Transaction Impact: A difference of 14,122.34 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

15.5149

13.2996

JanuMarcMayJulySeptNove

RON 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 14.4569, compared to 14.6021 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1451 points.

H1 Avg (Jan–Jun) 14.4569

H2 Avg (Jul–Dec) 14.6021

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 1.7281 AFN (High: 15.2519 / Low: 13.5238). On the other end, February was the most stable month, with a tight range of 0.5252 AFN (High: 14.1415 / Low: 13.6163).

September Spread (Volatile) ±1.7281

February Spread (Stable) ±0.5252

Growth Streaks & Declines

Trends

Between January and April, 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 0.8320 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.8320

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 15.3303) against the same month in 2010 (average: 14.0686), the exchange rate shifted by +1.2617 (+8.97%).

2011 Avg (October) 15.3303

2010 Avg (October) 14.0686

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.8323	13.0298	13.4842
February	14.1415	13.6163	13.8294
March	14.8644	14.1082	14.4839
April	15.6565	14.7031	15.1671
May	15.6440	14.6381	15.0048
June	15.1746	14.3109	14.7721
July	14.8859	14.0519	14.4962
August	14.7125	14.1724	14.4917
September	15.2519	13.5238	14.1750
October	15.8543	14.7506	15.3303
November	15.3207	14.1847	14.9756
December	14.9607	13.6481	14.1435