2014 PEN to AFN Historical Review

YEARLY HIGH

20.8131 AFN

YEARLY LOW

19.4573 AFN

YEARLY AVERAGE

20.0848 AFN

2014 PEN to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the PEN to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 13, valuing the pair at 20.8131. Conversely, the yearly low was recorded on December 14, dropping to 19.4573.

This high-to-low spread represents a total annual volatility of 1.3558 AFN. From a start-to-finish perspective, comparing the January average rate of 20.0251 to the December average rate of 19.5776, the exchange rate registered a net change of -2.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 20.8131 was down 0.31% compared to the 2013 peak of 20.8783, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 104,065 AFN

2013 Average 101,325 AFN

Yearly Trough Low 97,287 AFN

Transaction Impact: A difference of 6,778.77 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

20.6520

19.4799

JanuMarcMayJulySeptNove

PEN 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 20.2921, compared to 19.8775 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4146 points.

H1 Avg (Jan–Jun) 20.2921

H2 Avg (Jul–Dec) 19.8775

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 0.6798 AFN (High: 20.7653 / Low: 20.0856). On the other end, April was the most stable month, with a tight range of 0.2925 AFN (High: 20.4947 / Low: 20.2021).

July Spread (Volatile) ±0.6798

April Spread (Stable) ±0.2925

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 0.4103 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.4103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2014: 20.5543) against the same month in 2013 (average: 19.9099), the exchange rate shifted by +0.6444 (+3.24%).

2014 Avg (June) 20.5543

2013 Avg (June) 19.9099

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.3005	19.9049	20.0251
February	20.3539	19.9594	20.1597
March	20.4322	20.1264	20.2912
April	20.4947	20.2021	20.3489
May	20.6286	20.0484	20.3736
June	20.8131	20.4073	20.5543
July	20.7653	20.0856	20.4178
August	20.3341	19.7750	20.0075
September	19.9891	19.6589	19.8093
October	19.8796	19.5681	19.7210
November	19.9354	19.5877	19.7318
December	19.7737	19.4573	19.5776