2015 TMT to AFN Historical Review

YEARLY HIGH

68.8600 AFN

YEARLY LOW

57.1480 AFN

YEARLY AVERAGE

61.2213 AFN

2015 TMT to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the TMT to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 68.8600. Conversely, the yearly low was recorded on February 3, dropping to 57.1480.

This high-to-low spread represents a total annual volatility of 11.7120 AFN. From a start-to-finish perspective, comparing the January average rate of 57.7141 to the December average rate of 67.5151, the exchange rate registered a net change of 16.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 68.8600 was up 17.90% compared to the 2014 peak of 58.4055, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 344,300 AFN

2014 Average 285,005 AFN

Yearly Trough Low 285,740 AFN

Transaction Impact: A difference of 58,559.88 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

68.5323

56.3255

JanuMarcMayJulySeptNove

TMT 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 58.1242, compared to 64.3184 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.1942 points.

H1 Avg (Jan–Jun) 58.1242

H2 Avg (Jul–Dec) 64.3184

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 3.7800 AFN (High: 65.0600 / Low: 61.2800). On the other end, April was the most stable month, with a tight range of 0.0784 AFN (High: 57.8986 / Low: 57.8202).

August Spread (Volatile) ±3.7800

April Spread (Stable) ±0.0784

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.3714 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.3714

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 67.5151) against the same month in 2014 (average: 58.0021), the exchange rate shifted by +9.5130 (+16.40%).

2015 Avg (December) 67.5151

2014 Avg (December) 58.0021

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	58.3212	57.1918	57.7141
February	57.5879	57.1480	57.3427
March	57.8655	57.3334	57.6597
April	57.8986	57.8202	57.8646
May	59.8240	57.9586	58.7977
June	60.8850	58.8700	59.3662
July	61.3800	60.1500	60.6658
August	65.0600	61.2800	63.1266
September	64.6250	62.8000	63.8002
October	64.6700	64.1650	64.4369
November	68.2900	64.6700	66.3655
December	68.8600	66.4300	67.5151