2014 AFN to STD Historical Review

YEARLY HIGH

346.9606 STD

YEARLY LOW

307.9376 STD

YEARLY AVERAGE

324.0460 STD

2014 AFN to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AFN to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 346.9606. Conversely, the yearly low was recorded on May 8, dropping to 307.9376.

This high-to-low spread represents a total annual volatility of 39.0230 STD. From a start-to-finish perspective, comparing the January average rate of 320.0206 to the December average rate of 343.1852, the exchange rate registered a net change of 7.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 346.9606 was down 4.80% compared to the 2013 peak of 364.4535, 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 1,734,803 STD

2013 Average 1,689,569 STD

Yearly Trough Low 1,539,688 STD

Transaction Impact: A difference of 195,115.00 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

346.3714

308.1370

JanuMarcMayJulySeptNove

AFN to STD 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 314.7263, compared to 333.3658 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.6394 points.

H1 Avg (Jan–Jun) 314.7263

H2 Avg (Jul–Dec) 333.3658

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 13.3330 STD (High: 324.7880 / Low: 311.4549). On the other end, June was the most stable month, with a tight range of 4.7460 STD (High: 316.2294 / Low: 311.4834).

July Spread (Volatile) ±13.3330

June Spread (Stable) ±4.7460

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 5.2412 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -5.2412

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 343.1852) against the same month in 2013 (average: 314.2787), the exchange rate shifted by +28.9065 (+9.20%).

2014 Avg (December) 343.1852

2013 Avg (December) 314.2787

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	323.6539	312.8468	320.0206
February	321.9138	310.8780	316.5644
March	314.5529	308.8417	311.3232
April	316.1372	309.4648	312.5127
May	316.8140	307.9376	314.0086
June	316.2294	311.4834	313.9283
July	324.7880	311.4549	317.6810
August	330.7068	321.2257	326.7641
September	339.5195	330.7445	334.4576
October	343.1299	332.2849	337.4937
November	343.5698	336.2974	340.6130
December	346.9606	337.5222	343.1852