2015 TOP to AFN Historical Review

YEARLY HIGH

30.6679 AFN

YEARLY LOW

27.5211 AFN

YEARLY AVERAGE

28.8763 AFN

2015 TOP to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the TOP to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 30.6679. Conversely, the yearly low was recorded on July 29, dropping to 27.5211.

This high-to-low spread represents a total annual volatility of 3.1468 AFN. From a start-to-finish perspective, comparing the January average rate of 29.1250 to the December average rate of 30.1063, the exchange rate registered a net change of 3.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 30.6679 was down 3.73% compared to the 2014 peak of 31.8550, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 153,339 AFN

2014 Average 151,075 AFN

Yearly Trough Low 137,606 AFN

Transaction Impact: A difference of 15,733.82 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

30.3102

27.8632

JanuMarcMayJulySeptNove

TOP 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 28.7128, compared to 29.0398 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3270 points.

H1 Avg (Jan–Jun) 28.7128

H2 Avg (Jul–Dec) 29.0398

Volatility Range Comparison

Volatility

The most volatile month in 2015 was September, with a trading range of 1.9622 AFN (High: 29.6980 / Low: 27.7357). On the other end, April was the most stable month, with a tight range of 0.0702 AFN (High: 28.6080 / Low: 28.5378).

September Spread (Volatile) ±1.9622

April Spread (Stable) ±0.0702

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.6023 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.6023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 30.1063) against the same month in 2014 (average: 29.5421), the exchange rate shifted by +0.5641 (+1.91%).

2015 Avg (December) 30.1063

2014 Avg (December) 29.5421

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	29.5652	28.7544	29.1250
February	28.8971	28.1772	28.5543
March	28.8829	28.3433	28.5996
April	28.6080	28.5378	28.5643
May	29.5299	28.6118	29.0180
June	28.9985	28.0800	28.4157
July	28.4609	27.5211	28.0671
August	29.2802	27.5859	28.3963
September	29.6980	27.7357	28.9435
October	29.2277	28.6478	28.8895
November	30.5557	29.2481	29.8359
December	30.6679	29.4526	30.1063