2014 AFN to TOP Historical Review

YEARLY HIGH

0.0348 TOP

YEARLY LOW

0.0314 TOP

YEARLY AVERAGE

0.0331 TOP

2014 AFN to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AFN to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.0348. Conversely, the yearly low was recorded on July 13, dropping to 0.0314.

This high-to-low spread represents a total annual volatility of 0.0034 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0331 to the December average rate of 0.0339, the exchange rate registered a net change of 2.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0348 was up 1.91% compared to the 2013 peak of 0.0341, 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 174 TOP

2013 Average 164 TOP

Yearly Trough Low 157 TOP

Transaction Impact: A difference of 16.92 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0347

0.0320

JanuMarcMayJulySeptNove

AFN to TOP 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 0.0326, compared to 0.0336 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0326

H2 Avg (Jul–Dec) 0.0336

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 0.0017 TOP (High: 0.0331 / Low: 0.0314). On the other end, December was the most stable month, with a tight range of 0.0006 TOP (High: 0.0342 / Low: 0.0336).

July Spread (Volatile) ±0.0017

December Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between June and November, 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 November and December, when the average rate fell by 0.0006 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 0.0345) against the same month in 2013 (average: 0.0317), the exchange rate shifted by +0.0028 (+8.76%).

2014 Avg (November) 0.0345

2013 Avg (November) 0.0317

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0334	0.0324	0.0331
February	0.0334	0.0324	0.0330
March	0.0328	0.0321	0.0326
April	0.0328	0.0317	0.0322
May	0.0330	0.0319	0.0326
June	0.0328	0.0319	0.0324
July	0.0331	0.0314	0.0324
August	0.0334	0.0325	0.0330
September	0.0343	0.0329	0.0336
October	0.0345	0.0338	0.0342
November	0.0348	0.0337	0.0345
December	0.0342	0.0336	0.0339