2014 LTL to AFN Historical Review

YEARLY HIGH

22.9769 AFN

YEARLY LOW

20.4511 AFN

YEARLY AVERAGE

21.9309 AFN

2014 LTL to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the LTL to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 22.9769. Conversely, the yearly low was recorded on December 31, dropping to 20.4511.

This high-to-low spread represents a total annual volatility of 2.5258 AFN. From a start-to-finish perspective, comparing the January average rate of 22.1966 to the December average rate of 20.6789, the exchange rate registered a net change of -6.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 22.9769 was down 1.09% compared to the 2013 peak of 23.2300, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 114,885 AFN

2013 Average 105,376 AFN

Yearly Trough Low 102,256 AFN

Transaction Impact: A difference of 12,629.12 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

23.0154

20.4665

JanuMarcMayJulySeptNove

LTL 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 22.5649, compared to 21.2970 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2680 points.

H1 Avg (Jan–Jun) 22.5649

H2 Avg (Jul–Dec) 21.2970

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 0.9212 AFN (High: 22.7581 / Low: 21.8369). On the other end, June was the most stable month, with a tight range of 0.3108 AFN (High: 22.7944 / Low: 22.4836).

July Spread (Volatile) ±0.9212

June Spread (Stable) ±0.3108

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 0.5949 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5949

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 22.8030) against the same month in 2013 (average: 19.9292), the exchange rate shifted by +2.8738 (+14.42%).

2014 Avg (March) 22.8030

2013 Avg (March) 19.9292

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.7027	21.9668	22.1966
February	22.7631	22.0679	22.4396
March	22.9769	22.6546	22.8030
April	22.9239	22.4443	22.7216
May	22.9511	22.3993	22.6121
June	22.7944	22.4836	22.6165
July	22.7581	21.8369	22.3136
August	22.1042	21.4342	21.7187
September	21.4336	20.8549	21.1938
October	21.3698	20.7062	21.0281
November	21.0570	20.7066	20.8488
December	21.0263	20.4511	20.6789