2015 CVE to AFN Historical Review

YEARLY HIGH

0.6832 AFN

YEARLY LOW

0.5524 AFN

YEARLY AVERAGE

0.6167 AFN

2015 CVE to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the CVE to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.6832. Conversely, the yearly low was recorded on March 13, dropping to 0.5524.

This high-to-low spread represents a total annual volatility of 0.1308 AFN. From a start-to-finish perspective, comparing the January average rate of 0.6103 to the December average rate of 0.6678, the exchange rate registered a net change of 9.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.6832 was down 5.84% compared to the 2014 peak of 0.7255, 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 3,416 AFN

2014 Average 3,448 AFN

Yearly Trough Low 2,762 AFN

Transaction Impact: A difference of 653.79 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.6778

0.5574

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 0.5896, compared to 0.6437 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0541 points.

H1 Avg (Jan–Jun) 0.5896

H2 Avg (Jul–Dec) 0.6437

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 0.0644 AFN (High: 0.6720 / Low: 0.6076). On the other end, February was the most stable month, with a tight range of 0.0131 AFN (High: 0.5959 / Low: 0.5828).

August Spread (Volatile) ±0.0644

February Spread (Stable) ±0.0131

Growth Streaks & Declines

Trends

Between March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0237 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0237

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.6678) against the same month in 2014 (average: 0.6498), the exchange rate shifted by +0.0179 (+2.76%).

2015 Avg (December) 0.6678

2014 Avg (December) 0.6498

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6392	0.5836	0.6103
February	0.5959	0.5828	0.5912
March	0.5841	0.5524	0.5675
April	0.5847	0.5584	0.5683
May	0.6146	0.5779	0.5965
June	0.6191	0.5876	0.6038
July	0.6162	0.5940	0.6053
August	0.6720	0.6076	0.6379
September	0.6640	0.6347	0.6502
October	0.6701	0.6403	0.6555
November	0.6592	0.6337	0.6455
December	0.6832	0.6430	0.6678