2014 BIF to AFN Historical Review

YEARLY HIGH

0.0376 AFN

YEARLY LOW

0.0361 AFN

YEARLY AVERAGE

0.0367 AFN

2014 BIF to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BIF to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 13, valuing the pair at 0.0376. Conversely, the yearly low was recorded on August 18, dropping to 0.0361.

This high-to-low spread represents a total annual volatility of 0.0015 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0363 to the December average rate of 0.0371, the exchange rate registered a net change of 2.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0376 was down 0.34% compared to the 2013 peak of 0.0378, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 188 AFN

2013 Average 177 AFN

Yearly Trough Low 180 AFN

Transaction Impact: A difference of 7.68 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0372

0.0362

JanuMarcMayJulySeptNove

BIF 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 0.0367, compared to 0.0367 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0367

H2 Avg (Jul–Dec) 0.0367

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.0010 AFN (High: 0.0372 / Low: 0.0362). On the other end, November was the most stable month, with a tight range of 0.0005 AFN (High: 0.0372 / Low: 0.0367).

October Spread (Volatile) ±0.0010

November Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0004 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2014: 0.0371) against the same month in 2013 (average: 0.0352), the exchange rate shifted by +0.0019 (+5.43%).

2014 Avg (June) 0.0371

2013 Avg (June) 0.0352

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0370	0.0361	0.0363
February	0.0372	0.0362	0.0366
March	0.0370	0.0364	0.0367
April	0.0370	0.0362	0.0367
May	0.0370	0.0365	0.0367
June	0.0376	0.0367	0.0371
July	0.0373	0.0362	0.0367
August	0.0368	0.0361	0.0363
September	0.0370	0.0363	0.0366
October	0.0372	0.0362	0.0367
November	0.0372	0.0367	0.0369
December	0.0375	0.0368	0.0371