2015 AFN to SZL Historical Review

YEARLY HIGH

0.2367 SZL

YEARLY LOW

0.1978 SZL

YEARLY AVERAGE

0.2083 SZL

2015 AFN to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the AFN to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 0.2367. Conversely, the yearly low was recorded on February 5, dropping to 0.1978.

This high-to-low spread represents a total annual volatility of 0.0389 SZL. From a start-to-finish perspective, comparing the January average rate of 0.2004 to the December average rate of 0.2228, the exchange rate registered a net change of 11.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.2367 was up 17.22% compared to the 2014 peak of 0.2019, 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 1,184 SZL

2014 Average 952 SZL

Yearly Trough Low 989 SZL

Transaction Impact: A difference of 194.35 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.2251

0.1982

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 0.2050, compared to 0.2115 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0065 points.

H1 Avg (Jan–Jun) 0.2050

H2 Avg (Jul–Dec) 0.2115

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.0237 SZL (High: 0.2367 / Low: 0.2130). On the other end, January was the most stable month, with a tight range of 0.0043 SZL (High: 0.2030 / Low: 0.1987).

December Spread (Volatile) ±0.0237

January Spread (Stable) ±0.0043

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0044 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.2228) against the same month in 2014 (average: 0.1983), the exchange rate shifted by +0.0245 (+12.35%).

2015 Avg (December) 0.2228

2014 Avg (December) 0.1983

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2030	0.1987	0.2004
February	0.2056	0.1978	0.2021
March	0.2161	0.2028	0.2095
April	0.2108	0.2041	0.2073
May	0.2081	0.1981	0.2036
June	0.2137	0.1991	0.2073
July	0.2073	0.2024	0.2052
August	0.2070	0.2022	0.2043
September	0.2211	0.2069	0.2140
October	0.2169	0.2030	0.2095
November	0.2184	0.2046	0.2133
December	0.2367	0.2130	0.2228