2015 VEF to AFN Historical Review

YEARLY HIGH

10.8947 AFN

YEARLY LOW

9.0488 AFN

YEARLY AVERAGE

9.6897 AFN

2015 VEF to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the VEF to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 10.8947. Conversely, the yearly low was recorded on January 25, dropping to 9.0488.

This high-to-low spread represents a total annual volatility of 1.8459 AFN. From a start-to-finish perspective, comparing the January average rate of 9.1375 to the December average rate of 10.6843, the exchange rate registered a net change of 16.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 10.8947 was up 17.72% compared to the 2014 peak of 9.2550, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 54,473 AFN

2014 Average 45,268 AFN

Yearly Trough Low 45,244 AFN

Transaction Impact: A difference of 9,229.70 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

10.8446

8.9207

JanuMarcMayJulySeptNove

VEF 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 9.2017, compared to 10.1778 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9760 points.

H1 Avg (Jan–Jun) 9.2017

H2 Avg (Jul–Dec) 10.1778

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 0.5981 AFN (High: 10.2936 / Low: 9.6955). On the other end, April was the most stable month, with a tight range of 0.0159 AFN (High: 9.1667 / Low: 9.1509).

August Spread (Volatile) ±0.5981

April Spread (Stable) ±0.0159

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0565 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0565

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 10.6843) against the same month in 2014 (average: 9.1860), the exchange rate shifted by +1.4983 (+16.31%).

2015 Avg (December) 10.6843

2014 Avg (December) 9.1860

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.2344	9.0488	9.1375
February	9.1203	9.0614	9.0810
March	9.1754	9.0713	9.1310
April	9.1667	9.1509	9.1585
May	9.4682	9.1729	9.3065
June	9.6361	9.3169	9.3959
July	9.7113	9.5191	9.5996
August	10.2936	9.6955	9.9877
September	10.2248	9.9360	10.0965
October	10.2378	10.1541	10.1972
November	10.8065	10.2378	10.5013
December	10.8947	10.5104	10.6843