2021 TMT to AFN Historical Review

YEARLY HIGH

117.9324 AFN

YEARLY LOW

77.1368 AFN

YEARLY AVERAGE

83.4064 AFN

2021 TMT to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TMT to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 117.9324. Conversely, the yearly low was recorded on January 14, dropping to 77.1368.

This high-to-low spread represents a total annual volatility of 40.7956 AFN. From a start-to-finish perspective, comparing the January average rate of 77.3209 to the December average rate of 101.9159, the exchange rate registered a net change of 31.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 117.9324 was up 51.00% compared to the 2020 peak of 78.1023, 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 589,662 AFN

2020 Average 384,223 AFN

Yearly Trough Low 385,684 AFN

Transaction Impact: A difference of 203,977.88 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

104.3754

74.8614

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 77.7171, compared to 89.0957 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.3786 points.

H1 Avg (Jan–Jun) 77.7171

H2 Avg (Jul–Dec) 89.0957

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 21.9765 AFN (High: 117.9324 / Low: 95.9558). On the other end, March was the most stable month, with a tight range of 0.6476 AFN (High: 77.8476 / Low: 77.2000).

December Spread (Volatile) ±21.9765

March Spread (Stable) ±0.6476

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 101.9159) against the same month in 2020 (average: 77.0697), the exchange rate shifted by +24.8462 (+32.24%).

2021 Avg (December) 101.9159

2020 Avg (December) 77.0697

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	78.2635	77.1368	77.3209
February	78.3472	77.2000	77.3213
March	77.8476	77.2000	77.4617
April	78.4652	77.2500	77.7116
May	78.7118	77.2549	77.7976
June	79.5000	78.4500	78.6892
July	81.8746	79.2180	79.9938
August	86.2677	79.7805	83.1439
September	88.8344	84.6726	86.6934
October	90.8448	89.3336	90.0895
November	96.2099	90.3057	92.7377
December	117.9324	95.9558	101.9159