2014 AFN to IRR Historical Review

YEARLY HIGH

472.5528 IRR

YEARLY LOW

432.6411 IRR

YEARLY AVERAGE

453.1995 IRR

2014 AFN to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AFN to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 472.5528. Conversely, the yearly low was recorded on January 27, dropping to 432.6411.

This high-to-low spread represents a total annual volatility of 39.9117 IRR. From a start-to-finish perspective, comparing the January average rate of 439.9476 to the December average rate of 463.7949, the exchange rate registered a net change of 5.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 472.5528 was up 4.71% compared to the 2013 peak of 451.2845, 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 2,362,764 IRR

2013 Average 1,583,611 IRR

Yearly Trough Low 2,163,205 IRR

Transaction Impact: A difference of 199,558.74 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

471.4214

434.8634

JanuMarcMayJulySeptNove

AFN to IRR 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 442.7114, compared to 463.6875 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.9761 points.

H1 Avg (Jan–Jun) 442.7114

H2 Avg (Jul–Dec) 463.6875

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 19.7525 IRR (High: 465.3476 / Low: 445.5952). On the other end, December was the most stable month, with a tight range of 3.6849 IRR (High: 465.5044 / Low: 461.8195).

July Spread (Volatile) ±19.7525

December Spread (Stable) ±3.6849

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 3.4055 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -3.4055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2014: 468.3749) against the same month in 2013 (average: 441.8990), the exchange rate shifted by +26.4759 (+5.99%).

2014 Avg (September) 468.3749

2013 Avg (September) 441.8990

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	442.7235	432.6411	439.9476
February	441.1655	434.4648	437.9099
March	442.4668	435.1588	438.8423
April	451.3401	441.4745	445.5728
May	452.9742	446.7009	448.6211
June	448.5756	439.6958	445.3748
July	465.3476	445.5952	454.0248
August	471.6801	460.9979	468.0921
September	472.5528	464.8007	468.3749
October	467.9422	460.0116	464.9693
November	465.0534	460.2681	462.8693
December	465.5044	461.8195	463.7949