2015 GMD to AFN Historical Review

YEARLY HIGH

1.7461 AFN

YEARLY LOW

1.3079 AFN

YEARLY AVERAGE

1.4917 AFN

2015 GMD to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the GMD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 1.7461. Conversely, the yearly low was recorded on February 3, dropping to 1.3079.

This high-to-low spread represents a total annual volatility of 0.4382 AFN. From a start-to-finish perspective, comparing the January average rate of 1.3438 to the December average rate of 1.7081, the exchange rate registered a net change of 27.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.7461 was up 16.10% compared to the 2014 peak of 1.5040, 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 8,731 AFN

2014 Average 7,150 AFN

Yearly Trough Low 6,540 AFN

Transaction Impact: A difference of 2,191.01 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.7459

1.2920

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 1.3533, compared to 1.6301 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2768 points.

H1 Avg (Jan–Jun) 1.3533

H2 Avg (Jul–Dec) 1.6301

Volatility Range Comparison

Volatility

The most volatile month in 2015 was June, with a trading range of 0.1671 AFN (High: 1.5353 / Low: 1.3682). On the other end, April was the most stable month, with a tight range of 0.0083 AFN (High: 1.3499 / Low: 1.3416).

June Spread (Volatile) ±0.1671

April Spread (Stable) ±0.0083

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0139 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0139

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 1.7081) against the same month in 2014 (average: 1.3452), the exchange rate shifted by +0.3629 (+26.98%).

2015 Avg (December) 1.7081

2014 Avg (December) 1.3452

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3620	1.3313	1.3438
February	1.3392	1.3079	1.3298
March	1.3452	1.3326	1.3399
April	1.3499	1.3416	1.3448
May	1.3913	1.3482	1.3665
June	1.5353	1.3682	1.3951
July	1.5523	1.5105	1.5301
August	1.6305	1.5430	1.5883
September	1.6481	1.5613	1.6200
October	1.6651	1.6274	1.6454
November	1.7327	1.6508	1.6890
December	1.7461	1.6786	1.7081