2014 BAM to AFN Historical Review

YEARLY HIGH

40.5348 AFN

YEARLY LOW

36.0903 AFN

YEARLY AVERAGE

38.6964 AFN

2014 BAM to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BAM to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 40.5348. Conversely, the yearly low was recorded on December 31, dropping to 36.0903.

This high-to-low spread represents a total annual volatility of 4.4445 AFN. From a start-to-finish perspective, comparing the January average rate of 39.1687 to the December average rate of 36.4897, the exchange rate registered a net change of -6.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 40.5348 was down 1.09% compared to the 2013 peak of 40.9806, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 202,674 AFN

2013 Average 185,917 AFN

Yearly Trough Low 180,451 AFN

Transaction Impact: A difference of 22,222.51 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

40.6046

36.1156

JanuMarcMayJulySeptNove

BAM 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 39.8141, compared to 37.5788 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2353 points.

H1 Avg (Jan–Jun) 39.8141

H2 Avg (Jul–Dec) 37.5788

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 1.6308 AFN (High: 40.1653 / Low: 38.5345). On the other end, June was the most stable month, with a tight range of 0.5530 AFN (High: 40.2302 / Low: 39.6772).

July Spread (Volatile) ±1.6308

June Spread (Stable) ±0.5530

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 1.0569 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.0569

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 40.2305) against the same month in 2013 (average: 35.1594), the exchange rate shifted by +5.0711 (+14.42%).

2014 Avg (March) 40.2305

2013 Avg (March) 35.1594

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	40.0546	38.7735	39.1687
February	40.1551	38.9374	39.5887
March	40.5348	39.9792	40.2305
April	40.4347	39.6059	40.0901
May	40.4779	39.5238	39.8995
June	40.2302	39.6772	39.9069
July	40.1653	38.5345	39.3769
August	39.0006	37.8155	38.3201
September	37.8178	36.8050	37.3965
October	37.7074	36.5354	37.1048
November	37.1491	36.4794	36.7848
December	37.1050	36.0903	36.4897