2017 CVE to AFN Historical Review

YEARLY HIGH

0.7539 AFN

YEARLY LOW

0.6273 AFN

YEARLY AVERAGE

0.6942 AFN

2017 CVE to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CVE to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.7539. Conversely, the yearly low was recorded on January 5, dropping to 0.6273.

This high-to-low spread represents a total annual volatility of 0.1265 AFN. From a start-to-finish perspective, comparing the January average rate of 0.6422 to the December average rate of 0.7409, the exchange rate registered a net change of 15.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.7539 was up 5.36% compared to the 2016 peak of 0.7155, 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 3,769 AFN

2016 Average 3,403 AFN

Yearly Trough Low 3,137 AFN

Transaction Impact: A difference of 632.69 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.7508

0.6323

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 0.6588, compared to 0.7295 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0707 points.

H1 Avg (Jan–Jun) 0.6588

H2 Avg (Jul–Dec) 0.7295

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.0274 AFN (High: 0.6684 / Low: 0.6411). On the other end, February was the most stable month, with a tight range of 0.0149 AFN (High: 0.6520 / Low: 0.6371).

April Spread (Volatile) ±0.0274

February Spread (Stable) ±0.0149

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0118 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0118

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.7409) against the same month in 2016 (average: 0.6351), the exchange rate shifted by +0.1058 (+16.66%).

2017 Avg (December) 0.7409

2016 Avg (December) 0.6351

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6525	0.6273	0.6422
February	0.6520	0.6371	0.6428
March	0.6546	0.6349	0.6445
April	0.6684	0.6411	0.6529
May	0.6933	0.6666	0.6793
June	0.7016	0.6861	0.6910
July	0.7249	0.6979	0.7118
August	0.7436	0.7262	0.7315
September	0.7465	0.7282	0.7384
October	0.7310	0.7159	0.7266
November	0.7413	0.7174	0.7280
December	0.7539	0.7327	0.7409