2014 AFN to LTL Historical Review

YEARLY HIGH

0.0489 LTL

YEARLY LOW

0.0435 LTL

YEARLY AVERAGE

0.0457 LTL

2014 AFN to LTL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AFN to LTL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0489. Conversely, the yearly low was recorded on March 8, dropping to 0.0435.

This high-to-low spread represents a total annual volatility of 0.0054 LTL. From a start-to-finish perspective, comparing the January average rate of 0.0451 to the December average rate of 0.0484, the exchange rate registered a net change of 7.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0489 was down 5.01% compared to the 2013 peak of 0.0515, 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 244 LTL

2013 Average 238 LTL

Yearly Trough Low 218 LTL

Transaction Impact: A difference of 26.88 LTL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0488

0.0434

JanuMarcMayJulySeptNove

AFN to LTL 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 0.0443, compared to 0.0470 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.0443

H2 Avg (Jul–Dec) 0.0470

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 0.0019 LTL (High: 0.0458 / Low: 0.0439). On the other end, June was the most stable month, with a tight range of 0.0006 LTL (High: 0.0445 / Low: 0.0439).

July Spread (Volatile) ±0.0019

June Spread (Stable) ±0.0006

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 February and March, when the average rate fell by 0.0007 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0484) against the same month in 2013 (average: 0.0442), the exchange rate shifted by +0.0042 (+9.45%).

2014 Avg (December) 0.0484

2013 Avg (December) 0.0442

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0455	0.0440	0.0451
February	0.0453	0.0439	0.0446
March	0.0441	0.0435	0.0439
April	0.0446	0.0436	0.0440
May	0.0446	0.0436	0.0442
June	0.0445	0.0439	0.0442
July	0.0458	0.0439	0.0448
August	0.0467	0.0452	0.0460
September	0.0480	0.0467	0.0472
October	0.0483	0.0468	0.0476
November	0.0483	0.0475	0.0480
December	0.0489	0.0476	0.0484