2016 CDF to AFN Historical Review

YEARLY HIGH

0.0761 AFN

YEARLY LOW

0.0556 AFN

YEARLY AVERAGE

0.0704 AFN

2016 CDF to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the CDF to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 11, valuing the pair at 0.0761. Conversely, the yearly low was recorded on December 24, dropping to 0.0556.

This high-to-low spread represents a total annual volatility of 0.0205 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0740 to the December average rate of 0.0571, the exchange rate registered a net change of -22.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0761 was up 2.44% compared to the 2015 peak of 0.0743, 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 380 AFN

2015 Average 331 AFN

Yearly Trough Low 278 AFN

Transaction Impact: A difference of 102.53 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0759

0.0553

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 0.0739, compared to 0.0669 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0070 points.

H1 Avg (Jan–Jun) 0.0739

H2 Avg (Jul–Dec) 0.0669

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0147 AFN (High: 0.0729 / Low: 0.0582). On the other end, April was the most stable month, with a tight range of 0.0004 AFN (High: 0.0740 / Low: 0.0736).

November Spread (Volatile) ±0.0147

April Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0100 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 0.0736) against the same month in 2015 (average: 0.0642), the exchange rate shifted by +0.0094 (+14.67%).

2016 Avg (June) 0.0736

2015 Avg (June) 0.0642

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0743	0.0738	0.0740
February	0.0748	0.0736	0.0742
March	0.0743	0.0735	0.0739
April	0.0740	0.0736	0.0738
May	0.0743	0.0736	0.0740
June	0.0761	0.0717	0.0736
July	0.0727	0.0703	0.0722
August	0.0707	0.0672	0.0689
September	0.0693	0.0669	0.0683
October	0.0688	0.0670	0.0678
November	0.0729	0.0582	0.0671
December	0.0588	0.0556	0.0571