2017 TOP to AFN Historical Review

YEARLY HIGH

31.3958 AFN

YEARLY LOW

28.5550 AFN

YEARLY AVERAGE

29.9977 AFN

2017 TOP to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the TOP to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 8, valuing the pair at 31.3958. Conversely, the yearly low was recorded on January 5, dropping to 28.5550.

This high-to-low spread represents a total annual volatility of 2.8407 AFN. From a start-to-finish perspective, comparing the January average rate of 28.9978 to the December average rate of 30.2604, the exchange rate registered a net change of 4.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 31.3958 was up 0.95% compared to the 2016 peak of 31.1007, 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 156,979 AFN

2016 Average 150,515 AFN

Yearly Trough Low 142,775 AFN

Transaction Impact: A difference of 14,203.69 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

31.2663

28.7916

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 29.3980, compared to 30.5973 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1993 points.

H1 Avg (Jan–Jun) 29.3980

H2 Avg (Jul–Dec) 30.5973

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 1.0842 AFN (High: 31.0215 / Low: 29.9372). On the other end, October was the most stable month, with a tight range of 0.5970 AFN (High: 30.7988 / Low: 30.2018).

July Spread (Volatile) ±1.0842

October Spread (Stable) ±0.5970

Growth Streaks & Declines

Trends

Between May and August, 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 September and October, when the average rate fell by 0.4714 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4714

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 31.0601) against the same month in 2016 (average: 29.7936), the exchange rate shifted by +1.2665 (+4.25%).

2017 Avg (August) 31.0601

2016 Avg (August) 29.7936

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	29.2561	28.5550	28.9978
February	29.7694	29.1405	29.5701
March	29.7310	28.9202	29.1705
April	29.5667	28.9058	29.3621
May	29.7636	28.6939	29.3557
June	30.2352	29.6060	29.9318
July	31.0215	29.9372	30.5194
August	31.3958	30.5417	31.0601
September	31.3244	30.5956	30.9900
October	30.7988	30.2018	30.5186
November	30.5330	29.8333	30.2354
December	30.7428	29.8369	30.2604