2014 AFN to BRL Historical Review

YEARLY HIGH

0.0469 BRL

YEARLY LOW

0.0381 BRL

YEARLY AVERAGE

0.0413 BRL

2014 AFN to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AFN to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.0469. Conversely, the yearly low was recorded on June 29, dropping to 0.0381.

This high-to-low spread represents a total annual volatility of 0.0088 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0423 to the December average rate of 0.0456, the exchange rate registered a net change of 7.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0469 was up 7.87% compared to the 2013 peak of 0.0435, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 235 BRL

2013 Average 197 BRL

Yearly Trough Low 191 BRL

Transaction Impact: A difference of 43.78 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0463

0.0382

JanuMarcMayJulySeptNove

AFN to BRL 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 0.0404, compared to 0.0422 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0404

H2 Avg (Jul–Dec) 0.0422

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0033 BRL (High: 0.0430 / Low: 0.0397). On the other end, May was the most stable month, with a tight range of 0.0008 BRL (High: 0.0395 / Low: 0.0387).

September Spread (Volatile) ±0.0033

May Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0015 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0456) against the same month in 2013 (average: 0.0412), the exchange rate shifted by +0.0045 (+10.84%).

2014 Avg (December) 0.0456

2013 Avg (December) 0.0412

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0431	0.0418	0.0423
February	0.0431	0.0409	0.0420
March	0.0414	0.0396	0.0408
April	0.0399	0.0386	0.0393
May	0.0395	0.0387	0.0391
June	0.0398	0.0381	0.0389
July	0.0402	0.0383	0.0391
August	0.0407	0.0397	0.0403
September	0.0430	0.0397	0.0411
October	0.0436	0.0417	0.0427
November	0.0453	0.0431	0.0441
December	0.0469	0.0442	0.0456