2011 SAR to AFN Historical Review

YEARLY HIGH

12.9038 AFN

YEARLY LOW

11.4438 AFN

YEARLY AVERAGE

11.8028 AFN

2011 SAR to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the SAR to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 12.9038. Conversely, the yearly low was recorded on August 30, dropping to 11.4438.

This high-to-low spread represents a total annual volatility of 1.4600 AFN. From a start-to-finish perspective, comparing the January average rate of 11.4731 to the December average rate of 12.3857, the exchange rate registered a net change of 7.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 12.9038 was down 1.46% compared to the 2010 peak of 13.0949, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 64,519 AFN

2010 Average 60,326 AFN

Yearly Trough Low 57,219 AFN

Transaction Impact: A difference of 7,299.88 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

13.0253

11.3250

JanuMarcMayJulySeptNove

SAR 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 11.4737, compared to 12.1319 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6582 points.

H1 Avg (Jan–Jun) 11.4737

H2 Avg (Jul–Dec) 12.1319

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 1.4290 AFN (High: 12.8868 / Low: 11.4579). On the other end, February was the most stable month, with a tight range of 0.0050 AFN (High: 11.4746 / Low: 11.4696).

September Spread (Volatile) ±1.4290

February Spread (Stable) ±0.0050

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 0.4527 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4527

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 12.8384) against the same month in 2010 (average: 11.4726), the exchange rate shifted by +1.3658 (+11.90%).

2011 Avg (November) 12.8384

2010 Avg (November) 11.4726

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.4761	11.4708	11.4731
February	11.4746	11.4696	11.4726
March	11.5005	11.4606	11.4757
April	11.4803	11.4655	11.4720
May	11.4795	11.4629	11.4722
June	11.5557	11.4623	11.4766
July	11.4796	11.4528	11.4707
August	11.4782	11.4438	11.4666
September	12.8868	11.4579	11.7462
October	12.8959	12.8764	12.8836
November	12.9038	12.1739	12.8384
December	12.8915	12.1596	12.3857