2014 AFN to SZL Historical Review

YEARLY HIGH

0.2019 SZL

YEARLY LOW

0.1812 SZL

YEARLY AVERAGE

0.1903 SZL

2014 AFN to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AFN to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.2019. Conversely, the yearly low was recorded on May 26, dropping to 0.1812.

This high-to-low spread represents a total annual volatility of 0.0208 SZL. From a start-to-finish perspective, comparing the January average rate of 0.1929 to the December average rate of 0.1983, the exchange rate registered a net change of 2.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2019 was up 7.14% compared to the 2013 peak of 0.1885, 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 1,010 SZL

2013 Average 880 SZL

Yearly Trough Low 906 SZL

Transaction Impact: A difference of 103.78 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1998

0.1816

JanuMarcMayJulySeptNove

AFN to SZL 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 0.1883, compared to 0.1924 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.1883

H2 Avg (Jul–Dec) 0.1924

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0114 SZL (High: 0.1990 / Low: 0.1876). On the other end, June was the most stable month, with a tight range of 0.0038 SZL (High: 0.1878 / Low: 0.1841).

January Spread (Volatile) ±0.0114

June Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0050 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.1983) against the same month in 2013 (average: 0.1818), the exchange rate shifted by +0.0165 (+9.07%).

2014 Avg (December) 0.1983

2013 Avg (December) 0.1818

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1990	0.1876	0.1929
February	0.1991	0.1885	0.1936
March	0.1918	0.1849	0.1886
April	0.1879	0.1826	0.1857
May	0.1865	0.1812	0.1831
June	0.1878	0.1841	0.1858
July	0.1915	0.1854	0.1875
August	0.1907	0.1865	0.1894
September	0.1980	0.1895	0.1934
October	0.1985	0.1886	0.1934
November	0.1955	0.1889	0.1921
December	0.2019	0.1906	0.1983