2015 MRO to AFN Historical Review

YEARLY HIGH

0.2265 AFN

YEARLY LOW

0.1822 AFN

YEARLY AVERAGE

0.1982 AFN

2015 MRO to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MRO to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 0.2265. Conversely, the yearly low was recorded on June 16, dropping to 0.1822.

This high-to-low spread represents a total annual volatility of 0.0443 AFN. From a start-to-finish perspective, comparing the January average rate of 0.1981 to the December average rate of 0.2216, the exchange rate registered a net change of 11.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.2265 was up 12.76% compared to the 2014 peak of 0.2009, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,133 AFN

2014 Average 976 AFN

Yearly Trough Low 911 AFN

Transaction Impact: A difference of 221.74 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.2253

0.1808

JanuMarcMayJulySeptNove

MRO 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 0.1910, compared to 0.2053 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0142 points.

H1 Avg (Jan–Jun) 0.1910

H2 Avg (Jul–Dec) 0.2053

Volatility Range Comparison

Volatility

The most volatile month in 2015 was October, with a trading range of 0.0260 AFN (High: 0.2230 / Low: 0.1970). On the other end, February was the most stable month, with a tight range of 0.0029 AFN (High: 0.1976 / Low: 0.1947).

October Spread (Volatile) ±0.0260

February Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between June and October, 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 October and November, when the average rate fell by 0.0094 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0094

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.2216) against the same month in 2014 (average: 0.1994), the exchange rate shifted by +0.0222 (+11.15%).

2015 Avg (December) 0.2216

2014 Avg (December) 0.1994

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1998	0.1958	0.1981
February	0.1976	0.1947	0.1967
March	0.2004	0.1832	0.1938
April	0.1880	0.1835	0.1845
May	0.1925	0.1834	0.1877
June	0.1897	0.1822	0.1854
July	0.1885	0.1845	0.1862
August	0.2068	0.1883	0.1967
September	0.2203	0.1965	0.2052
October	0.2230	0.1970	0.2156
November	0.2127	0.1920	0.2062
December	0.2265	0.2162	0.2216