2020 TOP to AFN Historical Review

YEARLY HIGH

34.4717 AFN

YEARLY LOW

31.6892 AFN

YEARLY AVERAGE

33.3915 AFN

2020 TOP to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TOP to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 11, valuing the pair at 34.4717. Conversely, the yearly low was recorded on March 22, dropping to 31.6892.

This high-to-low spread represents a total annual volatility of 2.7825 AFN. From a start-to-finish perspective, comparing the January average rate of 33.6173 to the December average rate of 33.7452, the exchange rate registered a net change of 0.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 34.4717 was down 4.01% compared to the 2019 peak of 35.9110, 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 172,359 AFN

2019 Average 170,022 AFN

Yearly Trough Low 158,446 AFN

Transaction Impact: A difference of 13,912.45 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

34.1856

32.2958

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 33.1755, compared to 33.6076 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4321 points.

H1 Avg (Jan–Jun) 33.1755

H2 Avg (Jul–Dec) 33.6076

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.2495 AFN (High: 32.9388 / Low: 31.6892). On the other end, July was the most stable month, with a tight range of 0.2740 AFN (High: 34.0028 / Low: 33.7288).

March Spread (Volatile) ±1.2495

July Spread (Stable) ±0.2740

Growth Streaks & Declines

Trends

Between March and June, 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 0.7562 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.7562

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2020: 34.0281) against the same month in 2019 (average: 35.0527), the exchange rate shifted by -1.0246 (-2.92%).

2020 Avg (June) 34.0281

2019 Avg (June) 35.0527

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	34.1764	32.9805	33.6173
February	33.5775	32.6900	33.2095
March	32.9388	31.6892	32.4533
April	33.1179	32.2437	32.6099
May	33.4566	32.8498	33.1347
June	34.4717	33.5013	34.0281
July	34.0028	33.7288	33.8042
August	34.1080	33.6251	33.7950
September	33.9520	33.2433	33.6335
October	33.3663	33.0367	33.2153
November	33.6887	33.0293	33.4522
December	33.9917	33.5643	33.7452