2014 HRK to AFN Historical Review

YEARLY HIGH

10.4407 AFN

YEARLY LOW

9.2132 AFN

YEARLY AVERAGE

9.9206 AFN

2014 HRK to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the HRK to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 10.4407. Conversely, the yearly low was recorded on December 31, dropping to 9.2132.

This high-to-low spread represents a total annual volatility of 1.2276 AFN. From a start-to-finish perspective, comparing the January average rate of 10.0408 to the December average rate of 9.3112, the exchange rate registered a net change of -7.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 10.4407 was down 0.50% compared to the 2013 peak of 10.4936, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 52,204 AFN

2013 Average 48,009 AFN

Yearly Trough Low 46,066 AFN

Transaction Impact: A difference of 6,137.88 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

10.4083

9.2115

JanuMarcMayJulySeptNove

HRK 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 10.2206, compared to 9.6207 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5999 points.

H1 Avg (Jan–Jun) 10.2206

H2 Avg (Jul–Dec) 9.6207

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 0.4779 AFN (High: 10.3473 / Low: 9.8694). On the other end, March was the most stable month, with a tight range of 0.1380 AFN (High: 10.3609 / Low: 10.2230).

July Spread (Volatile) ±0.4779

March Spread (Stable) ±0.1380

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.2939 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2939

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 10.2800) against the same month in 2013 (average: 9.2031), the exchange rate shifted by +1.0769 (+11.70%).

2014 Avg (May) 10.2800

2013 Avg (May) 9.2031

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.2519	9.9401	10.0408
February	10.2581	9.9541	10.1212
March	10.3609	10.2230	10.2831
April	10.3726	10.1661	10.2897
May	10.4407	10.1860	10.2800
June	10.3891	10.2503	10.3086
July	10.3473	9.8694	10.1200
August	9.9879	9.7108	9.8261
September	9.7243	9.4155	9.5985
October	9.6280	9.3540	9.4828
November	9.4715	9.3124	9.3855
December	9.4674	9.2132	9.3112