2014 LBP to AFN Historical Review

YEARLY HIGH

0.0386 AFN

YEARLY LOW

0.0370 AFN

YEARLY AVERAGE

0.0377 AFN

2014 LBP to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the LBP to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0386. Conversely, the yearly low was recorded on July 17, dropping to 0.0370.

This high-to-low spread represents a total annual volatility of 0.0016 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0374 to the December average rate of 0.0383, the exchange rate registered a net change of 2.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0386 was down 0.45% compared to the 2013 peak of 0.0388, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 193 AFN

2013 Average 182 AFN

Yearly Trough Low 185 AFN

Transaction Impact: A difference of 8.02 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0384

0.0372

JanuMarcMayJulySeptNove

LBP 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 0.0377, compared to 0.0378 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0377

H2 Avg (Jul–Dec) 0.0378

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 0.0011 AFN (High: 0.0382 / Low: 0.0370). On the other end, March was the most stable month, with a tight range of 0.0004 AFN (High: 0.0380 / Low: 0.0376).

July Spread (Volatile) ±0.0011

March Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between August and December, 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 June and July, when the average rate fell by 0.0004 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0383) against the same month in 2013 (average: 0.0379), the exchange rate shifted by +0.0004 (+1.16%).

2014 Avg (December) 0.0383

2013 Avg (December) 0.0379

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0381	0.0371	0.0374
February	0.0380	0.0374	0.0377
March	0.0380	0.0376	0.0378
April	0.0381	0.0372	0.0377
May	0.0378	0.0373	0.0376
June	0.0385	0.0377	0.0380
July	0.0382	0.0370	0.0376
August	0.0377	0.0372	0.0373
September	0.0378	0.0371	0.0375
October	0.0383	0.0375	0.0379
November	0.0384	0.0379	0.0381
December	0.0386	0.0381	0.0383