2020 CDF to AFN Historical Review

YEARLY HIGH

0.0518 AFN

YEARLY LOW

0.0386 AFN

YEARLY AVERAGE

0.0417 AFN

2020 CDF to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CDF to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 0.0518. Conversely, the yearly low was recorded on August 7, dropping to 0.0386.

This high-to-low spread represents a total annual volatility of 0.0132 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0458 to the December average rate of 0.0395, the exchange rate registered a net change of -13.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0518 was up 5.00% compared to the 2019 peak of 0.0493, 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 259 AFN

2019 Average 236 AFN

Yearly Trough Low 193 AFN

Transaction Impact: A difference of 65.75 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0464

0.0385

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 0.0441, compared to 0.0394 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0047 points.

H1 Avg (Jan–Jun) 0.0441

H2 Avg (Jul–Dec) 0.0394

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0127 AFN (High: 0.0518 / Low: 0.0390). On the other end, November was the most stable month, with a tight range of 0.0001 AFN (High: 0.0392 / Low: 0.0391).

December Spread (Volatile) ±0.0127

November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0017 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0395) against the same month in 2019 (average: 0.0468), the exchange rate shifted by -0.0073 (-15.56%).

2020 Avg (December) 0.0395

2019 Avg (December) 0.0468

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0462	0.0453	0.0458
February	0.0460	0.0447	0.0455
March	0.0450	0.0445	0.0447
April	0.0449	0.0439	0.0443
May	0.0441	0.0420	0.0428
June	0.0424	0.0401	0.0413
July	0.0404	0.0390	0.0396
August	0.0399	0.0386	0.0393
September	0.0393	0.0390	0.0391
October	0.0424	0.0390	0.0394
November	0.0392	0.0391	0.0391
December	0.0518	0.0390	0.0395