2015 CDF to AFN Historical Review

YEARLY HIGH

0.0743 AFN

YEARLY LOW

0.0617 AFN

YEARLY AVERAGE

0.0661 AFN

2015 CDF to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the CDF to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0743. Conversely, the yearly low was recorded on February 7, dropping to 0.0617.

This high-to-low spread represents a total annual volatility of 0.0126 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0623 to the December average rate of 0.0729, the exchange rate registered a net change of 16.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0743 was up 17.62% compared to the 2014 peak of 0.0631, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 371 AFN

2014 Average 309 AFN

Yearly Trough Low 308 AFN

Transaction Impact: A difference of 63.04 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0740

0.0608

JanuMarcMayJulySeptNove

CDF 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 0.0628, compared to 0.0694 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0066 points.

H1 Avg (Jan–Jun) 0.0628

H2 Avg (Jul–Dec) 0.0694

Volatility Range Comparison

Volatility

The most volatile month in 2015 was November, with a trading range of 0.0042 AFN (High: 0.0738 / Low: 0.0696). On the other end, April was the most stable month, with a tight range of 0.0005 AFN (High: 0.0627 / Low: 0.0622).

November Spread (Volatile) ±0.0042

April Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0004 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.0729) against the same month in 2014 (average: 0.0626), the exchange rate shifted by +0.0102 (+16.34%).

2015 Avg (December) 0.0729

2014 Avg (December) 0.0626

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0630	0.0617	0.0623
February	0.0624	0.0617	0.0619
March	0.0626	0.0618	0.0623
April	0.0627	0.0622	0.0625
May	0.0647	0.0626	0.0636
June	0.0657	0.0635	0.0642
July	0.0665	0.0649	0.0655
August	0.0702	0.0664	0.0682
September	0.0698	0.0678	0.0688
October	0.0699	0.0691	0.0695
November	0.0738	0.0696	0.0716
December	0.0743	0.0716	0.0729