2018 AFN to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 AFN to AOA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the AFN to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 4.8548. Conversely, the yearly low was recorded on January 9, dropping to 2.3607.
This high-to-low spread represents a total annual volatility of 2.4941 AOA. From a start-to-finish perspective, comparing the January average rate of 2.5649 to the December average rate of 4.0871, the exchange rate registered a net change of 59.35% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 4.8548 was up 93.40% compared to the 2017 peak of 2.5102, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AFN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
AFN to AOA Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3.0722, compared to 3.8578 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7856 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was November, with a trading range of 0.7814 AOA (High: 4.8548 / Low: 4.0734). On the other end, March was the most stable month, with a tight range of 0.0463 AOA (High: 3.1034 / Low: 3.0571).
Growth Streaks & Declines
TrendsBetween January and November, 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 November and December, when the average rate fell by 0.0317 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 4.1187) against the same month in 2017 (average: 2.4169), the exchange rate shifted by +1.7018 (+70.41%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2.9868 | 2.3607 | 2.5649 |
| February | 3.0851 | 2.9748 | 3.0296 |
| March | 3.1034 | 3.0571 | 3.0828 |
| April | 3.2125 | 3.0808 | 3.1158 |
| May | 3.3480 | 3.2101 | 3.2678 |
| June | 3.4432 | 3.3155 | 3.3725 |
| July | 3.5689 | 3.3752 | 3.4759 |
| August | 3.7600 | 3.5497 | 3.6568 |
| September | 3.8895 | 3.7467 | 3.8081 |
| October | 4.0999 | 3.9193 | 4.0004 |
| November | 4.8548 | 4.0734 | 4.1187 |
| December | 4.1294 | 4.0653 | 4.0871 |