2012 AFN to CVE Historical Review

YEARLY HIGH

1.8991 CVE

YEARLY LOW

1.6142 CVE

YEARLY AVERAGE

1.7552 CVE

2012 AFN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the AFN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 1.8991. Conversely, the yearly low was recorded on December 19, dropping to 1.6142.

This high-to-low spread represents a total annual volatility of 0.2848 CVE. From a start-to-finish perspective, comparing the January average rate of 1.8548 to the December average rate of 1.6367, the exchange rate registered a net change of -11.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 1.8991 was down 4.39% compared to the 2011 peak of 1.9862, 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 9,495 CVE

2011 Average 8,969 CVE

Yearly Trough Low 8,071 CVE

Transaction Impact: A difference of 1,424.21 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

1.8878

1.6139

JanuMarcMayJulySeptNove

AFN to CVE 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 1.7772, compared to 1.7331 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0441 points.

H1 Avg (Jan–Jun) 1.7772

H2 Avg (Jul–Dec) 1.7331

Volatility Range Comparison

Volatility

The most volatile month in 2012 was September, with a trading range of 0.1654 CVE (High: 1.8238 / Low: 1.6584). On the other end, March was the most stable month, with a tight range of 0.0341 CVE (High: 1.7447 / Low: 1.7106).

September Spread (Volatile) ±0.1654

March Spread (Stable) ±0.0341

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.1191 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1191

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 1.8650) against the same month in 2011 (average: 1.7952), the exchange rate shifted by +0.0698 (+3.89%).

2012 Avg (July) 1.8650

2011 Avg (July) 1.7952

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8955	1.8092	1.8548
February	1.8228	1.6942	1.7357
March	1.7447	1.7106	1.7285
April	1.7510	1.7152	1.7366
May	1.8439	1.7234	1.7826
June	1.8454	1.8038	1.8252
July	1.8991	1.8140	1.8650
August	1.8715	1.8232	1.8489
September	1.8238	1.6584	1.7430
October	1.6883	1.6359	1.6560
November	1.6708	1.6237	1.6492
December	1.6703	1.6142	1.6367