2014 KES to AFN Historical Review

YEARLY HIGH

0.6676 AFN

YEARLY LOW

0.6343 AFN

YEARLY AVERAGE

0.6483 AFN

2014 KES to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the KES to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 0.6676. Conversely, the yearly low was recorded on September 3, dropping to 0.6343.

This high-to-low spread represents a total annual volatility of 0.0333 AFN. From a start-to-finish perspective, comparing the January average rate of 0.6522 to the December average rate of 0.6412, the exchange rate registered a net change of -1.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.6676 was down 0.97% compared to the 2013 peak of 0.6741, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,338 AFN

2013 Average 3,180 AFN

Yearly Trough Low 3,172 AFN

Transaction Impact: A difference of 166.55 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.6601

0.6368

JanuMarcMayJulySeptNove

KES 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 0.6547, compared to 0.6418 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0129 points.

H1 Avg (Jan–Jun) 0.6547

H2 Avg (Jul–Dec) 0.6418

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0233 AFN (High: 0.6676 / Low: 0.6443). On the other end, November was the most stable month, with a tight range of 0.0053 AFN (High: 0.6445 / Low: 0.6391).

January Spread (Volatile) ±0.0233

November Spread (Stable) ±0.0053

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 July and August, when the average rate fell by 0.0094 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0094

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.6522) against the same month in 2013 (average: 0.5913), the exchange rate shifted by +0.0609 (+10.31%).

2014 Avg (January) 0.6522

2013 Avg (January) 0.5913

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6676	0.6443	0.6522
February	0.6634	0.6518	0.6575
March	0.6612	0.6540	0.6581
April	0.6617	0.6454	0.6549
May	0.6550	0.6467	0.6503
June	0.6614	0.6491	0.6553
July	0.6575	0.6380	0.6482
August	0.6477	0.6350	0.6388
September	0.6434	0.6343	0.6389
October	0.6481	0.6364	0.6423
November	0.6445	0.6391	0.6416
December	0.6442	0.6383	0.6412