2014 CVE to AFN Historical Review

YEARLY HIGH

0.7255 AFN

YEARLY LOW

0.6423 AFN

YEARLY AVERAGE

0.6897 AFN

2014 CVE to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the CVE to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 14, valuing the pair at 0.7255. Conversely, the yearly low was recorded on December 27, dropping to 0.6423.

This high-to-low spread represents a total annual volatility of 0.0833 AFN. From a start-to-finish perspective, comparing the January average rate of 0.6969 to the December average rate of 0.6498, the exchange rate registered a net change of -6.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.7255 was down 0.60% compared to the 2013 peak of 0.7300, 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 3,628 AFN

2013 Average 3,305 AFN

Yearly Trough Low 3,211 AFN

Transaction Impact: A difference of 416.39 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.7244

0.6431

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 0.7096, compared to 0.6698 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0398 points.

H1 Avg (Jan–Jun) 0.7096

H2 Avg (Jul–Dec) 0.6698

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 0.0289 AFN (High: 0.7158 / Low: 0.6869). On the other end, June was the most stable month, with a tight range of 0.0090 AFN (High: 0.7165 / Low: 0.7075).

July Spread (Volatile) ±0.0289

June Spread (Stable) ±0.0090

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0186 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0186

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 0.7176) against the same month in 2013 (average: 0.6236), the exchange rate shifted by +0.0940 (+15.07%).

2014 Avg (March) 0.7176

2013 Avg (March) 0.6236

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7158	0.6879	0.6969
February	0.7161	0.6925	0.7059
March	0.7255	0.7111	0.7176
April	0.7210	0.7056	0.7145
May	0.7224	0.7045	0.7114
June	0.7165	0.7075	0.7111
July	0.7158	0.6869	0.7023
August	0.6948	0.6751	0.6836
September	0.6737	0.6566	0.6659
October	0.6733	0.6509	0.6613
November	0.6622	0.6509	0.6556
December	0.6598	0.6423	0.6498