2018 AFN to BTN Historical Review

YEARLY HIGH

1.1159 BTN

YEARLY LOW

0.8992 BTN

YEARLY AVERAGE

0.9441 BTN

2018 AFN to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the AFN to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 1.1159. Conversely, the yearly low was recorded on January 9, dropping to 0.8992.

This high-to-low spread represents a total annual volatility of 0.2166 BTN. From a start-to-finish perspective, comparing the January average rate of 0.9117 to the December average rate of 0.9346, the exchange rate registered a net change of 2.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.1159 was up 8.34% compared to the 2017 peak of 1.0300, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,579 BTN

2017 Average 4,790 BTN

Yearly Trough Low 4,496 BTN

Transaction Impact: A difference of 1,083.11 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.9777

0.9057

JanuMarcMayJulySeptNove

AFN to BTN 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 0.9347, compared to 0.9534 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0187 points.

H1 Avg (Jan–Jun) 0.9347

H2 Avg (Jul–Dec) 0.9534

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.1965 BTN (High: 1.1159 / Low: 0.9194). On the other end, March was the most stable month, with a tight range of 0.0085 BTN (High: 0.9393 / Low: 0.9308).

November Spread (Volatile) ±0.1965

March Spread (Stable) ±0.0085

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0200 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0200

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.9546) against the same month in 2017 (average: 0.9445), the exchange rate shifted by +0.0101 (+1.06%).

2018 Avg (November) 0.9546

2017 Avg (November) 0.9445

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9224	0.8992	0.9117
February	0.9414	0.9162	0.9282
March	0.9393	0.9308	0.9362
April	0.9503	0.9296	0.9383
May	0.9594	0.9404	0.9495
June	0.9537	0.9342	0.9443
July	0.9653	0.9329	0.9424
August	0.9658	0.9431	0.9562
September	0.9778	0.9446	0.9609
October	0.9868	0.9626	0.9717
November	1.1159	0.9194	0.9546
December	0.9498	0.9198	0.9346