2016 TOP to AFN Historical Review

YEARLY HIGH

31.1007 AFN

YEARLY LOW

28.4914 AFN

YEARLY AVERAGE

30.1048 AFN

2016 TOP to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TOP to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 25, valuing the pair at 31.1007. Conversely, the yearly low was recorded on December 30, dropping to 28.4914.

This high-to-low spread represents a total annual volatility of 2.6092 AFN. From a start-to-finish perspective, comparing the January average rate of 30.4091 to the December average rate of 29.1744, the exchange rate registered a net change of -4.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 31.1007 was up 1.41% compared to the 2015 peak of 30.6679, 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 155,503 AFN

2015 Average 144,391 AFN

Yearly Trough Low 142,457 AFN

Transaction Impact: A difference of 13,046.13 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

30.9558

29.0125

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 30.5078, compared to 29.7017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8062 points.

H1 Avg (Jan–Jun) 30.5078

H2 Avg (Jul–Dec) 29.7017

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 1.7193 AFN (High: 30.5927 / Low: 28.8734). On the other end, April was the most stable month, with a tight range of 0.4425 AFN (High: 30.9605 / Low: 30.5179).

August Spread (Volatile) ±1.7193

April Spread (Stable) ±0.4425

Growth Streaks & Declines

Trends

Between February and April, 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 July and August, when the average rate fell by 0.5340 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5340

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 30.7938) against the same month in 2015 (average: 28.4157), the exchange rate shifted by +2.3782 (+8.37%).

2016 Avg (June) 30.7938

2015 Avg (June) 28.4157

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	30.7355	29.8893	30.4091
February	30.6768	29.4291	30.2561
March	30.7249	30.2080	30.3952
April	30.9605	30.5179	30.7109
May	30.8500	30.2169	30.4819
June	31.1007	30.1767	30.7938
July	30.5700	30.0582	30.3276
August	30.5927	28.8734	29.7936
September	30.0992	29.1559	29.6444
October	29.9394	29.1559	29.6413
November	30.2696	29.0972	29.6287
December	29.7293	28.4914	29.1744