2019 CVE to AFN Historical Review

YEARLY HIGH

0.8372 AFN

YEARLY LOW

0.7609 AFN

YEARLY AVERAGE

0.7883 AFN

2019 CVE to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CVE to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 28, valuing the pair at 0.8372. Conversely, the yearly low was recorded on March 9, dropping to 0.7609.

This high-to-low spread represents a total annual volatility of 0.0762 AFN. From a start-to-finish perspective, comparing the January average rate of 0.7797 to the December average rate of 0.7876, the exchange rate registered a net change of 1.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.8372 was up 3.86% compared to the 2018 peak of 0.8060, 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 4,186 AFN

2018 Average 3,863 AFN

Yearly Trough Low 3,805 AFN

Transaction Impact: A difference of 381.23 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.8225

0.7644

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 0.7868, compared to 0.7899 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.7868

H2 Avg (Jul–Dec) 0.7899

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0369 AFN (High: 0.8372 / Low: 0.8003). On the other end, November was the most stable month, with a tight range of 0.0111 AFN (High: 0.7872 / Low: 0.7760).

June Spread (Volatile) ±0.0369

November Spread (Stable) ±0.0111

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0249 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0249

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 0.8177) against the same month in 2018 (average: 0.7575), the exchange rate shifted by +0.0602 (+7.95%).

2019 Avg (June) 0.8177

2018 Avg (June) 0.7575

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7885	0.7737	0.7797
February	0.7808	0.7612	0.7692
March	0.7791	0.7609	0.7708
April	0.7944	0.7705	0.7846
May	0.8154	0.7834	0.7987
June	0.8372	0.8003	0.8177
July	0.8362	0.8009	0.8163
August	0.8062	0.7745	0.7913
September	0.7858	0.7737	0.7802
October	0.7888	0.7736	0.7818
November	0.7872	0.7760	0.7820
December	0.7930	0.7781	0.7876