2020 TMT to AFN Historical Review

YEARLY HIGH

78.1023 AFN

YEARLY LOW

75.6864 AFN

YEARLY AVERAGE

76.8447 AFN

2020 TMT to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TMT to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 78.1023. Conversely, the yearly low was recorded on March 2, dropping to 75.6864.

This high-to-low spread represents a total annual volatility of 2.4159 AFN. From a start-to-finish perspective, comparing the January average rate of 77.2071 to the December average rate of 77.0697, the exchange rate registered a net change of -0.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 78.1023 was down 4.32% compared to the 2019 peak of 81.6295, 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 390,511 AFN

2019 Average 389,471 AFN

Yearly Trough Low 378,432 AFN

Transaction Impact: A difference of 12,079.35 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

77.3784

76.0585

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 76.7100, compared to 76.9794 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2694 points.

H1 Avg (Jan–Jun) 76.7100

H2 Avg (Jul–Dec) 76.9794

Volatility Range Comparison

Volatility

The most volatile month in 2020 was February, with a trading range of 2.0155 AFN (High: 77.8655 / Low: 75.8500). On the other end, October was the most stable month, with a tight range of 0.1913 AFN (High: 76.9413 / Low: 76.7500).

February Spread (Volatile) ±2.0155

October Spread (Stable) ±0.1913

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.7142 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.7142

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 77.2071) against the same month in 2019 (average: 75.4888), the exchange rate shifted by +1.7182 (+2.28%).

2020 Avg (January) 77.2071

2019 Avg (January) 75.4888

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	78.1023	76.4000	77.2071
February	77.8655	75.8500	76.9257
March	76.9000	75.6864	76.2115
April	76.7000	75.8157	76.1685
May	76.7250	76.2000	76.4791
June	77.6533	76.7000	77.2684
July	77.2500	76.7000	77.0705
August	78.0443	76.7000	77.0736
September	77.1500	76.4468	76.8304
October	76.9413	76.7500	76.8578
November	77.0500	76.8343	76.9744
December	77.3000	76.8814	77.0697