2019 CDF to AFN Historical Review

YEARLY HIGH

0.0493 AFN

YEARLY LOW

0.0455 AFN

YEARLY AVERAGE

0.0471 AFN

2019 CDF to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CDF to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 2, valuing the pair at 0.0493. Conversely, the yearly low was recorded on February 5, dropping to 0.0455.

This high-to-low spread represents a total annual volatility of 0.0038 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0462 to the December average rate of 0.0468, the exchange rate registered a net change of 1.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0493 was up 4.31% compared to the 2018 peak of 0.0473, 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 246 AFN

2018 Average 224 AFN

Yearly Trough Low 227 AFN

Transaction Impact: A difference of 19.01 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0488

0.0455

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 0.0469, compared to 0.0473 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0469

H2 Avg (Jul–Dec) 0.0473

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 0.0017 AFN (High: 0.0490 / Low: 0.0472). On the other end, October was the most stable month, with a tight range of 0.0003 AFN (High: 0.0473 / Low: 0.0470).

May Spread (Volatile) ±0.0017

October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0010 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 0.0484) against the same month in 2018 (average: 0.0450), the exchange rate shifted by +0.0034 (+7.60%).

2019 Avg (July) 0.0484

2018 Avg (July) 0.0450

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0465	0.0459	0.0462
February	0.0461	0.0455	0.0457
March	0.0464	0.0457	0.0461
April	0.0475	0.0463	0.0471
May	0.0490	0.0472	0.0480
June	0.0492	0.0478	0.0485
July	0.0493	0.0479	0.0484
August	0.0480	0.0469	0.0474
September	0.0472	0.0468	0.0470
October	0.0473	0.0470	0.0471
November	0.0473	0.0470	0.0471
December	0.0473	0.0462	0.0468