2014 AFN to DZD Historical Review

YEARLY HIGH

1.5128 DZD

YEARLY LOW

1.3513 DZD

YEARLY AVERAGE

1.4142 DZD

2014 AFN to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AFN to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 1.5128. Conversely, the yearly low was recorded on March 7, dropping to 1.3513.

This high-to-low spread represents a total annual volatility of 0.1615 DZD. From a start-to-finish perspective, comparing the January average rate of 1.3930 to the December average rate of 1.4995, the exchange rate registered a net change of 7.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.5128 was down 1.67% compared to the 2013 peak of 1.5385, 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 7,564 DZD

2013 Average 7,279 DZD

Yearly Trough Low 6,757 DZD

Transaction Impact: A difference of 807.55 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.5128

1.3529

JanuMarcMayJulySeptNove

AFN to DZD 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 1.3820, compared to 1.4464 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0644 points.

H1 Avg (Jan–Jun) 1.3820

H2 Avg (Jul–Dec) 1.4464

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 0.0471 DZD (High: 1.4212 / Low: 1.3741). On the other end, May was the most stable month, with a tight range of 0.0206 DZD (High: 1.3985 / Low: 1.3779).

July Spread (Volatile) ±0.0471

May Spread (Stable) ±0.0206

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 January and February, when the average rate fell by 0.0171 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0171

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.4995) against the same month in 2013 (average: 1.3813), the exchange rate shifted by +0.1183 (+8.56%).

2014 Avg (December) 1.4995

2013 Avg (December) 1.3813

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4070	1.3602	1.3930
February	1.3932	1.3602	1.3759
March	1.3819	1.3513	1.3662
April	1.4037	1.3766	1.3856
May	1.3985	1.3779	1.3892
June	1.3920	1.3665	1.3822
July	1.4212	1.3741	1.3985
August	1.4301	1.4038	1.4220
September	1.4584	1.4137	1.4311
October	1.4700	1.4388	1.4570
November	1.4901	1.4528	1.4703
December	1.5128	1.4807	1.4995