2012 CVE to AFN Historical Review

YEARLY HIGH

0.6195 AFN

YEARLY LOW

0.5266 AFN

YEARLY AVERAGE

0.5710 AFN

2012 CVE to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the CVE to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.6195. Conversely, the yearly low was recorded on July 24, dropping to 0.5266.

This high-to-low spread represents a total annual volatility of 0.0929 AFN. From a start-to-finish perspective, comparing the January average rate of 0.5392 to the December average rate of 0.6110, the exchange rate registered a net change of 13.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 0.6195 was down 0.10% compared to the 2011 peak of 0.6201, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,097 AFN

2011 Average 2,792 AFN

Yearly Trough Low 2,633 AFN

Transaction Impact: A difference of 464.59 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

0.6185

0.5288

JanuMarcMayJulySeptNove

CVE 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 0.5632, compared to 0.5788 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0156 points.

H1 Avg (Jan–Jun) 0.5632

H2 Avg (Jul–Dec) 0.5788

Volatility Range Comparison

Volatility

The most volatile month in 2012 was September, with a trading range of 0.0547 AFN (High: 0.6030 / Low: 0.5483). On the other end, March was the most stable month, with a tight range of 0.0114 AFN (High: 0.5846 / Low: 0.5732).

September Spread (Volatile) ±0.0547

March Spread (Stable) ±0.0114

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0147 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0147

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 0.6110) against the same month in 2011 (average: 0.5550), the exchange rate shifted by +0.0560 (+10.10%).

2012 Avg (December) 0.6110

2011 Avg (December) 0.5550

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5527	0.5276	0.5392
February	0.5902	0.5486	0.5766
March	0.5846	0.5732	0.5786
April	0.5830	0.5711	0.5758
May	0.5803	0.5423	0.5612
June	0.5544	0.5419	0.5479
July	0.5513	0.5266	0.5363
August	0.5485	0.5343	0.5409
September	0.6030	0.5483	0.5743
October	0.6113	0.5923	0.6039
November	0.6159	0.5985	0.6064
December	0.6195	0.5987	0.6110