2016 BTN to AFN Historical Review

YEARLY HIGH

1.0387 AFN

YEARLY LOW

0.9667 AFN

YEARLY AVERAGE

1.0091 AFN

2016 BTN to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the BTN to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 1.0387. Conversely, the yearly low was recorded on December 30, dropping to 0.9667.

This high-to-low spread represents a total annual volatility of 0.0719 AFN. From a start-to-finish perspective, comparing the January average rate of 1.0198 to the December average rate of 0.9790, the exchange rate registered a net change of -4.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 1.0387 was up 0.03% compared to the 2015 peak of 1.0384, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,193 AFN

2015 Average 4,772 AFN

Yearly Trough Low 4,834 AFN

Transaction Impact: A difference of 359.64 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1.0348

0.9740

JanuMarcMayJulySeptNove

BTN 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 1.0224, compared to 0.9957 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0267 points.

H1 Avg (Jan–Jun) 1.0224

H2 Avg (Jul–Dec) 0.9957

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.0485 AFN (High: 1.0291 / Low: 0.9806). On the other end, October was the most stable month, with a tight range of 0.0077 AFN (High: 0.9913 / Low: 0.9836).

August Spread (Volatile) ±0.0485

October Spread (Stable) ±0.0077

Growth Streaks & Declines

Trends

Between February and April, 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 0.0167 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0167

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 1.0273) against the same month in 2015 (average: 0.9307), the exchange rate shifted by +0.0966 (+10.37%).

2016 Avg (June) 1.0273

2015 Avg (June) 0.9307

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0335	1.0073	1.0198
February	1.0160	0.9940	1.0091
March	1.0363	1.0082	1.0230
April	1.0365	1.0259	1.0297
May	1.0304	1.0173	1.0257
June	1.0387	1.0104	1.0273
July	1.0271	1.0153	1.0222
August	1.0291	0.9806	1.0054
September	1.0148	0.9830	0.9985
October	0.9913	0.9836	0.9872
November	0.9910	0.9704	0.9817
December	0.9864	0.9667	0.9790