2011 TMT to AFN Historical Review

YEARLY HIGH

48.3772 AFN

YEARLY LOW

42.9589 AFN

YEARLY AVERAGE

44.2630 AFN

2011 TMT to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TMT to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 48.3772. Conversely, the yearly low was recorded on August 4, dropping to 42.9589.

This high-to-low spread represents a total annual volatility of 5.4183 AFN. From a start-to-finish perspective, comparing the January average rate of 43.0245 to the December average rate of 46.4480, the exchange rate registered a net change of 7.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 48.3772 was down 1.49% compared to the 2010 peak of 49.1074, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 241,886 AFN

2010 Average 226,220 AFN

Yearly Trough Low 214,795 AFN

Transaction Impact: A difference of 27,091.54 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

48.8476

42.4723

JanuMarcMayJulySeptNove

TMT 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 43.0276, compared to 45.4984 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4708 points.

H1 Avg (Jan–Jun) 43.0276

H2 Avg (Jul–Dec) 45.4984

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 5.3599 AFN (High: 48.3286 / Low: 42.9687). On the other end, January was the most stable month, with a tight range of 0.0198 AFN (High: 43.0357 / Low: 43.0159).

September Spread (Volatile) ±5.3599

January Spread (Stable) ±0.0198

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 1.6989 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.6989

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 48.1470) against the same month in 2010 (average: 43.0230), the exchange rate shifted by +5.1240 (+11.91%).

2011 Avg (November) 48.1470

2010 Avg (November) 43.0230

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	43.0357	43.0159	43.0245
February	43.0322	43.0123	43.0236
March	43.1300	42.9798	43.0356
April	43.0522	42.9998	43.0211
May	43.0480	42.9876	43.0219
June	43.3350	42.9851	43.0388
July	43.0501	42.9975	43.0241
August	43.0448	42.9589	43.0036
September	48.3286	42.9687	44.0515
October	48.3622	48.2891	48.3163
November	48.3772	45.6544	48.1470
December	48.3426	45.5989	46.4480