2015 BIF to AFN Historical Review

YEARLY HIGH

0.0447 AFN

YEARLY LOW

0.0364 AFN

YEARLY AVERAGE

0.0391 AFN

2015 BIF to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the BIF to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0447. Conversely, the yearly low was recorded on February 10, dropping to 0.0364.

This high-to-low spread represents a total annual volatility of 0.0083 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0368 to the December average rate of 0.0434, the exchange rate registered a net change of 17.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0447 was up 18.77% compared to the 2014 peak of 0.0376, 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 223 AFN

2014 Average 184 AFN

Yearly Trough Low 182 AFN

Transaction Impact: A difference of 41.59 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0441

0.0359

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 0.0371, compared to 0.0411 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.0371

H2 Avg (Jul–Dec) 0.0411

Volatility Range Comparison

Volatility

The most volatile month in 2015 was November, with a trading range of 0.0028 AFN (High: 0.0442 / Low: 0.0413). On the other end, February was the most stable month, with a tight range of 0.0005 AFN (High: 0.0368 / Low: 0.0364).

November Spread (Volatile) ±0.0028

February Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between July and December, 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 January and February, when the average rate fell by 0.0003 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.0434) against the same month in 2014 (average: 0.0371), the exchange rate shifted by +0.0064 (+17.17%).

2015 Avg (December) 0.0434

2014 Avg (December) 0.0371

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0374	0.0365	0.0368
February	0.0368	0.0364	0.0366
March	0.0371	0.0365	0.0367
April	0.0373	0.0367	0.0370
May	0.0380	0.0370	0.0375
June	0.0390	0.0371	0.0379
July	0.0394	0.0369	0.0377
August	0.0420	0.0395	0.0406
September	0.0417	0.0403	0.0410
October	0.0418	0.0411	0.0413
November	0.0442	0.0413	0.0426
December	0.0447	0.0425	0.0434