2015 AFN to CVE Historical Review

YEARLY HIGH

1.8102 CVE

YEARLY LOW

1.4637 CVE

YEARLY AVERAGE

1.6266 CVE

2015 AFN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the AFN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 1.8102. Conversely, the yearly low was recorded on December 28, dropping to 1.4637.

This high-to-low spread represents a total annual volatility of 0.3465 CVE. From a start-to-finish perspective, comparing the January average rate of 1.6400 to the December average rate of 1.4979, the exchange rate registered a net change of -8.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.8102 was up 16.26% compared to the 2014 peak of 1.5570, 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 9,051 CVE

2014 Average 7,260 CVE

Yearly Trough Low 7,319 CVE

Transaction Impact: A difference of 1,732.35 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.7891

1.4714

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 1.6978, compared to 1.5554 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1424 points.

H1 Avg (Jan–Jun) 1.6978

H2 Avg (Jul–Dec) 1.5554

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 0.1578 CVE (High: 1.6459 / Low: 1.4881). On the other end, February was the most stable month, with a tight range of 0.0378 CVE (High: 1.7159 / Low: 1.6782).

August Spread (Volatile) ±0.1578

February Spread (Stable) ±0.0378

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 0.0831 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0831

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2015: 1.7626) against the same month in 2014 (average: 1.3935), the exchange rate shifted by +0.3691 (+26.49%).

2015 Avg (March) 1.7626

2014 Avg (March) 1.3935

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7134	1.5644	1.6400
February	1.7159	1.6782	1.6915
March	1.8102	1.7119	1.7626
April	1.7908	1.7104	1.7599
May	1.7303	1.6271	1.6767
June	1.7017	1.6152	1.6564
July	1.6835	1.6227	1.6523
August	1.6459	1.4881	1.5692
September	1.5756	1.5059	1.5382
October	1.5618	1.4922	1.5257
November	1.5780	1.5169	1.5493
December	1.5552	1.4637	1.4979