2019 GMD to AFN Historical Review

YEARLY HIGH

1.6426 AFN

YEARLY LOW

1.5034 AFN

YEARLY AVERAGE

1.5548 AFN

2019 GMD to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GMD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 1, valuing the pair at 1.6426. Conversely, the yearly low was recorded on February 22, dropping to 1.5034.

This high-to-low spread represents a total annual volatility of 0.1392 AFN. From a start-to-finish perspective, comparing the January average rate of 1.5250 to the December average rate of 1.5303, the exchange rate registered a net change of 0.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.6426 was up 4.73% compared to the 2018 peak of 1.5684, 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 8,213 AFN

2018 Average 7,526 AFN

Yearly Trough Low 7,517 AFN

Transaction Impact: A difference of 695.90 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.6282

1.5013

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 1.5540, compared to 1.5556 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 1.5540

H2 Avg (Jul–Dec) 1.5556

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 0.0661 AFN (High: 1.6256 / Low: 1.5595). On the other end, January was the most stable month, with a tight range of 0.0134 AFN (High: 1.5327 / Low: 1.5193).

May Spread (Volatile) ±0.0661

January Spread (Stable) ±0.0134

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 0.0451 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0451

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 1.6112) against the same month in 2018 (average: 1.5278), the exchange rate shifted by +0.0834 (+5.46%).

2019 Avg (July) 1.6112

2018 Avg (July) 1.5278

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5327	1.5193	1.5250
February	1.5247	1.5034	1.5119
March	1.5346	1.5055	1.5194
April	1.5708	1.5271	1.5584
May	1.6256	1.5595	1.5915
June	1.6411	1.5940	1.6176
July	1.6426	1.5899	1.6112
August	1.6026	1.5426	1.5661
September	1.5619	1.5433	1.5538
October	1.5510	1.5248	1.5424
November	1.5411	1.5247	1.5300
December	1.5359	1.5178	1.5303