2014 AOA to AFN Historical Review

YEARLY HIGH

0.5954 AFN

YEARLY LOW

0.5654 AFN

YEARLY AVERAGE

0.5797 AFN

2014 AOA to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AOA to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 13, valuing the pair at 0.5954. Conversely, the yearly low was recorded on December 27, dropping to 0.5654.

This high-to-low spread represents a total annual volatility of 0.0300 AFN. From a start-to-finish perspective, comparing the January average rate of 0.5760 to the December average rate of 0.5684, the exchange rate registered a net change of -1.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.5954 was down 0.72% compared to the 2013 peak of 0.5997, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AOA based on timing:

Yearly Peak High 2,977 AFN

2013 Average 2,838 AFN

Yearly Trough Low 2,827 AFN

Transaction Impact: A difference of 150.06 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.5898

0.5664

JanuMarcMayJulySeptNove

AOA to AFN 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 0.5818, compared to 0.5776 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.5818

H2 Avg (Jul–Dec) 0.5776

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0158 AFN (High: 0.5872 / Low: 0.5713). On the other end, March was the most stable month, with a tight range of 0.0065 AFN (High: 0.5865 / Low: 0.5800).

January Spread (Volatile) ±0.0158

March Spread (Stable) ±0.0065

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 July and August, when the average rate fell by 0.0092 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0092

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2014: 0.5878) against the same month in 2013 (average: 0.5689), the exchange rate shifted by +0.0189 (+3.33%).

2014 Avg (June) 0.5878

2013 Avg (June) 0.5689

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5872	0.5713	0.5760
February	0.5857	0.5770	0.5812
March	0.5865	0.5800	0.5833
April	0.5861	0.5738	0.5808
May	0.5849	0.5748	0.5816
June	0.5954	0.5826	0.5878
July	0.5924	0.5777	0.5851
August	0.5821	0.5726	0.5759
September	0.5844	0.5760	0.5800
October	0.5849	0.5777	0.5807
November	0.5809	0.5708	0.5758
December	0.5730	0.5654	0.5684