2012 TOP to AFN Historical Review

YEARLY HIGH

31.1239 AFN

YEARLY LOW

26.0044 AFN

YEARLY AVERAGE

28.2312 AFN

2012 TOP to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the TOP to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 31.1239. Conversely, the yearly low was recorded on January 3, dropping to 26.0044.

This high-to-low spread represents a total annual volatility of 5.1195 AFN. From a start-to-finish perspective, comparing the January average rate of 26.4939 to the December average rate of 29.5876, the exchange rate registered a net change of 11.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 31.1239 was up 8.47% compared to the 2011 peak of 28.6940, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 155,620 AFN

2011 Average 126,397 AFN

Yearly Trough Low 130,022 AFN

Transaction Impact: A difference of 25,597.57 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

30.4242

26.1366

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 27.7561, compared to 28.7062 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9502 points.

H1 Avg (Jan–Jun) 27.7561

H2 Avg (Jul–Dec) 28.7062

Volatility Range Comparison

Volatility

The most volatile month in 2012 was February, with a trading range of 2.2687 AFN (High: 29.3487 / Low: 27.0800). On the other end, June was the most stable month, with a tight range of 0.2567 AFN (High: 27.1174 / Low: 26.8607).

February Spread (Volatile) ±2.2687

June Spread (Stable) ±0.2567

Growth Streaks & Declines

Trends

Between June and November, 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 April and May, when the average rate fell by 0.8433 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.8433

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2012: 30.0669) against the same month in 2011 (average: 28.1507), the exchange rate shifted by +1.9162 (+6.81%).

2012 Avg (November) 30.0669

2011 Avg (November) 28.1507

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.1682	26.0044	26.4939
February	29.3487	27.0800	28.4619
March	29.3932	28.2462	28.6690
April	28.6386	28.2521	28.3844
May	28.8508	26.8248	27.5411
June	27.1174	26.8607	26.9861
July	27.6496	26.7006	27.1710
August	27.8535	27.4232	27.6194
September	29.4912	27.2434	28.2681
October	29.7645	28.9165	29.5243
November	31.1239	29.4931	30.0669
December	29.9276	29.1367	29.5876