2014 BND to AFN Historical Review

YEARLY HIGH

46.5037 AFN

YEARLY LOW

43.8081 AFN

YEARLY AVERAGE

44.9888 AFN

2014 BND to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BND to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 13, valuing the pair at 46.5037. Conversely, the yearly low was recorded on December 27, dropping to 43.8081.

This high-to-low spread represents a total annual volatility of 2.6956 AFN. From a start-to-finish perspective, comparing the January average rate of 44.2122 to the December average rate of 44.0593, the exchange rate registered a net change of -0.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 46.5037 was down 0.40% compared to the 2013 peak of 46.6927, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 232,518 AFN

2013 Average 218,877 AFN

Yearly Trough Low 219,040 AFN

Transaction Impact: A difference of 13,478.07 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

46.0859

43.8750

JanuMarcMayJulySeptNove

BND 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 45.0880, compared to 44.8896 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1985 points.

H1 Avg (Jan–Jun) 45.0880

H2 Avg (Jul–Dec) 44.8896

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 1.3918 AFN (High: 46.4500 / Low: 45.0583). On the other end, November was the most stable month, with a tight range of 0.4807 AFN (High: 44.8075 / Low: 44.3268).

July Spread (Volatile) ±1.3918

November Spread (Stable) ±0.4807

Growth Streaks & Declines

Trends

Between January and June, 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 July and August, when the average rate fell by 0.6638 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.6638

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2014: 45.9017) against the same month in 2013 (average: 43.4602), the exchange rate shifted by +2.4415 (+5.62%).

2014 Avg (June) 45.9017

2013 Avg (June) 43.4602

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	44.8921	43.8845	44.2122
February	45.3560	44.1091	44.7893
March	45.3659	44.5442	44.9518
April	45.6886	44.7781	45.2669
May	45.6400	44.9312	45.4064
June	46.5037	45.4448	45.9017
July	46.4500	45.0583	45.7580
August	45.6145	44.9140	45.0942
September	45.2809	44.6837	44.9219
October	45.3783	44.4991	44.9459
November	44.8075	44.3268	44.5581
December	44.5161	43.8081	44.0593