2014 FKP to AFN Historical Review

YEARLY HIGH

98.9519 AFN

YEARLY LOW

89.9850 AFN

YEARLY AVERAGE

93.8891 AFN

2014 FKP to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the FKP to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 8, valuing the pair at 98.9519. Conversely, the yearly low was recorded on November 16, dropping to 89.9850.

This high-to-low spread represents a total annual volatility of 8.9669 AFN. From a start-to-finish perspective, comparing the January average rate of 92.6417 to the December average rate of 90.6544, the exchange rate registered a net change of -2.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 98.9519 was up 3.16% compared to the 2013 peak of 95.9236, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 FKP based on timing:

Yearly Peak High 494,759 AFN

2013 Average 428,633 AFN

Yearly Trough Low 449,925 AFN

Transaction Impact: A difference of 44,834.41 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

97.8048

90.0044

JanuMarcMayJulySeptNove

FKP 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 94.8820, compared to 92.8961 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9859 points.

H1 Avg (Jan–Jun) 94.8820

H2 Avg (Jul–Dec) 92.8961

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 3.8463 AFN (High: 98.9519 / Low: 95.1056). On the other end, December was the most stable month, with a tight range of 1.3242 AFN (High: 91.4747 / Low: 90.1505).

July Spread (Volatile) ±3.8463

December Spread (Stable) ±1.3242

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 3.0972 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -3.0972

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 97.1043) against the same month in 2013 (average: 84.9762), the exchange rate shifted by +12.1281 (+14.27%).

2014 Avg (July) 97.1043

2013 Avg (July) 84.9762

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	95.0292	91.6114	92.6417
February	95.3685	91.8500	93.9666
March	95.6847	93.5729	94.6794
April	95.8559	94.1842	95.1171
May	96.6344	94.9611	95.7325
June	98.6821	95.4436	97.1548
July	98.9519	95.1056	97.1043
August	95.6582	93.0454	94.0072
September	93.8829	90.8635	92.5128
October	93.2641	91.0938	92.0844
November	92.1033	89.9850	91.0134
December	91.4747	90.1505	90.6544