2018 AFN to CVE Historical Review

YEARLY HIGH

1.5189 CVE

YEARLY LOW

1.2406 CVE

YEARLY AVERAGE

1.2947 CVE

2018 AFN to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the AFN to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 1.5189. Conversely, the yearly low was recorded on September 24, dropping to 1.2406.

This high-to-low spread represents a total annual volatility of 0.2783 CVE. From a start-to-finish perspective, comparing the January average rate of 1.3011 to the December average rate of 1.2854, the exchange rate registered a net change of -1.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.5189 was down 4.71% compared to the 2017 peak of 1.5940, 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 7,595 CVE

2017 Average 7,223 CVE

Yearly Trough Low 6,203 CVE

Transaction Impact: A difference of 1,391.54 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.3258

1.2589

JanuMarcMayJulySeptNove

AFN to CVE 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 1.3015, compared to 1.2879 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0136 points.

H1 Avg (Jan–Jun) 1.3015

H2 Avg (Jul–Dec) 1.2879

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.2493 CVE (High: 1.5189 / Low: 1.2697). On the other end, December was the most stable month, with a tight range of 0.0195 CVE (High: 1.2972 / Low: 1.2776).

November Spread (Volatile) ±0.2493

December Spread (Stable) ±0.0195

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0524 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0524

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 1.2911) against the same month in 2017 (average: 1.3738), the exchange rate shifted by -0.0827 (-6.02%).

2018 Avg (November) 1.2911

2017 Avg (November) 1.3738

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3303	1.2742	1.3011
February	1.3054	1.2778	1.2925
March	1.3064	1.2809	1.2919
April	1.3021	1.2730	1.2890
May	1.3345	1.2962	1.3141
June	1.3343	1.3040	1.3202
July	1.3328	1.2782	1.2980
August	1.3389	1.2867	1.3169
September	1.2938	1.2406	1.2645
October	1.3009	1.2544	1.2715
November	1.5189	1.2697	1.2911
December	1.2972	1.2776	1.2854