2014 NPR to AFN Historical Review

YEARLY HIGH

0.6093 AFN

YEARLY LOW

0.5604 AFN

YEARLY AVERAGE

0.5831 AFN

2014 NPR to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NPR to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 0.6093. Conversely, the yearly low was recorded on January 5, dropping to 0.5604.

This high-to-low spread represents a total annual volatility of 0.0489 AFN. From a start-to-finish perspective, comparing the January average rate of 0.5662 to the December average rate of 0.5777, the exchange rate registered a net change of 2.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.6093 was down 2.35% compared to the 2013 peak of 0.6240, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,047 AFN

2013 Average 2,930 AFN

Yearly Trough Low 2,802 AFN

Transaction Impact: A difference of 244.65 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.6040

0.5628

JanuMarcMayJulySeptNove

NPR 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 0.5840, compared to 0.5823 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.5840

H2 Avg (Jul–Dec) 0.5823

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 0.0267 AFN (High: 0.6093 / Low: 0.5826). On the other end, November was the most stable month, with a tight range of 0.0070 AFN (High: 0.5869 / Low: 0.5799).

May Spread (Volatile) ±0.0267

November Spread (Stable) ±0.0070

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0139 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0139

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.5968) against the same month in 2013 (average: 0.6110), the exchange rate shifted by -0.0142 (-2.32%).

2014 Avg (May) 0.5968

2013 Avg (May) 0.6110

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5721	0.5604	0.5662
February	0.5754	0.5625	0.5696
March	0.5964	0.5721	0.5827
April	0.5980	0.5790	0.5879
May	0.6093	0.5826	0.5968
June	0.6092	0.5940	0.6006
July	0.6021	0.5809	0.5912
August	0.5849	0.5727	0.5773
September	0.5854	0.5766	0.5819
October	0.5882	0.5763	0.5823
November	0.5869	0.5799	0.5833
December	0.5870	0.5702	0.5777