2013 CVE to AFN Historical Review

YEARLY HIGH

0.7300 AFN

YEARLY LOW

0.6097 AFN

YEARLY AVERAGE

0.6608 AFN

2013 CVE to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the CVE to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 0.7300. Conversely, the yearly low was recorded on January 9, dropping to 0.6097.

This high-to-low spread represents a total annual volatility of 0.1202 AFN. From a start-to-finish perspective, comparing the January average rate of 0.6192 to the December average rate of 0.7104, the exchange rate registered a net change of 14.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.7300 was up 17.83% compared to the 2012 peak of 0.6195, 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 3,650 AFN

2012 Average 2,855 AFN

Yearly Trough Low 3,049 AFN

Transaction Impact: A difference of 601.12 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.7196

0.6101

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 0.6311, compared to 0.6904 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0593 points.

H1 Avg (Jan–Jun) 0.6311

H2 Avg (Jul–Dec) 0.6904

Volatility Range Comparison

Volatility

The most volatile month in 2013 was December, with a trading range of 0.0455 AFN (High: 0.7300 / Low: 0.6845). On the other end, February was the most stable month, with a tight range of 0.0094 AFN (High: 0.6319 / Low: 0.6226).

December Spread (Volatile) ±0.0455

February Spread (Stable) ±0.0094

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0033 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 0.7104) against the same month in 2012 (average: 0.6110), the exchange rate shifted by +0.0994 (+16.27%).

2013 Avg (December) 0.7104

2012 Avg (December) 0.6110

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6279	0.6097	0.6192
February	0.6319	0.6226	0.6269
March	0.6322	0.6151	0.6236
April	0.6385	0.6162	0.6304
May	0.6403	0.6265	0.6322
June	0.6632	0.6375	0.6544
July	0.6832	0.6442	0.6641
August	0.6862	0.6684	0.6776
September	0.7012	0.6755	0.6852
October	0.7179	0.6908	0.7025
November	0.7208	0.6971	0.7026
December	0.7300	0.6845	0.7104