2014 GMD to AFN Historical Review

YEARLY HIGH

1.5040 AFN

YEARLY LOW

1.3244 AFN

YEARLY AVERAGE

1.4304 AFN

2014 GMD to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the GMD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 1.5040. Conversely, the yearly low was recorded on October 26, dropping to 1.3244.

This high-to-low spread represents a total annual volatility of 0.1797 AFN. From a start-to-finish perspective, comparing the January average rate of 1.4772 to the December average rate of 1.3452, the exchange rate registered a net change of -8.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.5040 was down 14.39% compared to the 2013 peak of 1.7569, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,520 AFN

2013 Average 8,104 AFN

Yearly Trough Low 6,622 AFN

Transaction Impact: A difference of 898.37 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.5088

1.3228

JanuMarcMayJulySeptNove

GMD 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 1.4664, compared to 1.3944 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0720 points.

H1 Avg (Jan–Jun) 1.4664

H2 Avg (Jul–Dec) 1.3944

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.1290 AFN (High: 1.4533 / Low: 1.3244). On the other end, December was the most stable month, with a tight range of 0.0186 AFN (High: 1.3576 / Low: 1.3390).

October Spread (Volatile) ±0.1290

December Spread (Stable) ±0.0186

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 October and November, when the average rate fell by 0.0610 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0610

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 1.4772) against the same month in 2013 (average: 1.5378), the exchange rate shifted by -0.0606 (-3.94%).

2014 Avg (January) 1.4772

2013 Avg (January) 1.5378

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5040	1.4668	1.4772
February	1.4969	1.4703	1.4870
March	1.5025	1.4815	1.4933
April	1.5011	1.4150	1.4615
May	1.4405	1.4202	1.4331
June	1.4681	1.4337	1.4465
July	1.4531	1.4108	1.4355
August	1.4357	1.4079	1.4172
September	1.4418	1.4101	1.4313
October	1.4533	1.3244	1.3992
November	1.3483	1.3268	1.3383
December	1.3576	1.3390	1.3452