2014 AFN to CVE Historical Review

YEARLY HIGH

1.5570 CVE

YEARLY LOW

1.3783 CVE

YEARLY AVERAGE

1.4519 CVE

2014 AFN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AFN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 1.5570. Conversely, the yearly low was recorded on March 14, dropping to 1.3783.

This high-to-low spread represents a total annual volatility of 0.1787 CVE. From a start-to-finish perspective, comparing the January average rate of 1.4349 to the December average rate of 1.5389, the exchange rate registered a net change of 7.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.5570 was down 5.07% compared to the 2013 peak of 1.6401, 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 7,785 CVE

2013 Average 7,584 CVE

Yearly Trough Low 6,891 CVE

Transaction Impact: A difference of 893.54 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.5534

1.3790

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 1.4095, compared to 1.4942 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0847 points.

H1 Avg (Jan–Jun) 1.4095

H2 Avg (Jul–Dec) 1.4942

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 0.0588 CVE (High: 1.4558 / Low: 1.3969). On the other end, June was the most stable month, with a tight range of 0.0177 CVE (High: 1.4134 / Low: 1.3957).

July Spread (Volatile) ±0.0588

June Spread (Stable) ±0.0177

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0232 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0232

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.5389) against the same month in 2013 (average: 1.4079), the exchange rate shifted by +0.1310 (+9.30%).

2014 Avg (December) 1.5389

2013 Avg (December) 1.4079

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4536	1.3970	1.4349
February	1.4441	1.3964	1.4167
March	1.4062	1.3783	1.3935
April	1.4173	1.3870	1.3997
May	1.4195	1.3844	1.4057
June	1.4134	1.3957	1.4064
July	1.4558	1.3969	1.4243
August	1.4812	1.4392	1.4629
September	1.5230	1.4843	1.5017
October	1.5362	1.4851	1.5123
November	1.5364	1.5102	1.5253
December	1.5570	1.5156	1.5389