2014 AFN to BTN Historical Review

YEARLY HIGH

1.1127 BTN

YEARLY LOW

1.0250 BTN

YEARLY AVERAGE

1.0707 BTN

2014 AFN to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AFN to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 1.1127. Conversely, the yearly low was recorded on May 22, dropping to 1.0250.

This high-to-low spread represents a total annual volatility of 0.0877 BTN. From a start-to-finish perspective, comparing the January average rate of 1.1033 to the December average rate of 1.0822, the exchange rate registered a net change of -1.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.1127 was down 7.85% compared to the 2013 peak of 1.2075, 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 5,564 BTN

2013 Average 5,342 BTN

Yearly Trough Low 5,125 BTN

Transaction Impact: A difference of 438.34 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.1096

1.0340

JanuMarcMayJulySeptNove

AFN to BTN 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 1.0696, compared to 1.0718 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 1.0696

H2 Avg (Jul–Dec) 1.0718

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0447 BTN (High: 1.0697 / Low: 1.0250). On the other end, November was the most stable month, with a tight range of 0.0123 BTN (High: 1.0751 / Low: 1.0628).

May Spread (Volatile) ±0.0447

November Spread (Stable) ±0.0123

Growth Streaks & Declines

Trends

Between June and August, 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 February and March, when the average rate fell by 0.0261 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0261

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 1.1033) against the same month in 2013 (average: 1.0570), the exchange rate shifted by +0.0463 (+4.38%).

2014 Avg (January) 1.1033

2013 Avg (January) 1.0570

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1127	1.0926	1.1033
February	1.1106	1.0870	1.0970
March	1.0892	1.0470	1.0709
April	1.0761	1.0467	1.0621
May	1.0697	1.0250	1.0442
June	1.0514	1.0254	1.0403
July	1.0741	1.0360	1.0558
August	1.0894	1.0721	1.0808
September	1.0832	1.0653	1.0716
October	1.0821	1.0585	1.0712
November	1.0751	1.0628	1.0690
December	1.0973	1.0663	1.0822