2011 TOP to AFN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 TOP to AFN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the TOP to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 28.6940. Conversely, the yearly low was recorded on January 13, dropping to 22.8023.
This high-to-low spread represents a total annual volatility of 5.8917 AFN. From a start-to-finish perspective, comparing the January average rate of 23.1246 to the December average rate of 26.7626, the exchange rate registered a net change of 15.73% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 28.6940 was up 9.31% compared to the 2010 peak of 26.2497, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
TOP to AFN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 23.6851, compared to 26.8480 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.1629 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was September, with a trading range of 2.6520 AFN (High: 28.0048 / Low: 25.3528). On the other end, February was the most stable month, with a tight range of 0.0485 AFN (High: 23.2176 / Low: 23.1691).
Growth Streaks & Declines
TrendsBetween March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.3881 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2011: 28.1507) against the same month in 2010 (average: 23.0723), the exchange rate shifted by +5.0784 (+22.01%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.2133 | 22.8023 | 23.1246 |
| February | 23.2176 | 23.1691 | 23.2067 |
| March | 23.3970 | 23.0774 | 23.1910 |
| April | 24.1918 | 23.1089 | 23.4954 |
| May | 24.4899 | 24.1918 | 24.3665 |
| June | 24.9809 | 24.5686 | 24.7264 |
| July | 26.6528 | 24.9517 | 25.5435 |
| August | 26.7105 | 26.0218 | 26.2575 |
| September | 28.0048 | 25.3528 | 26.1960 |
| October | 28.6567 | 27.5569 | 28.1778 |
| November | 28.6940 | 26.8945 | 28.1507 |
| December | 28.2581 | 26.0132 | 26.7626 |