2018 AFN to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 AFN to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the AFN to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 141.4293. Conversely, the yearly low was recorded on October 8, dropping to 119.0420.
This high-to-low spread represents a total annual volatility of 22.3873 GNF. From a start-to-finish perspective, comparing the January average rate of 129.0788 to the December average rate of 121.1142, the exchange rate registered a net change of -6.17% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 141.4293 was down 0.42% compared to the 2017 peak of 142.0205, 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 GNF 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 128.3763, compared to 121.9273 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.4490 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was November, with a trading range of 22.1356 GNF (High: 141.4293 / Low: 119.2937). On the other end, March was the most stable month, with a tight range of 0.6441 GNF (High: 129.9605 / Low: 129.3164).
Growth Streaks & Declines
TrendsBetween October and December, 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 3.4969 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 121.0353) against the same month in 2017 (average: 131.3428), the exchange rate shifted by -10.3075 (-7.85%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 130.0972 | 127.2318 | 129.0788 |
| February | 130.4033 | 129.3186 | 129.8743 |
| March | 129.9605 | 129.3164 | 129.6896 |
| April | 129.9062 | 128.2060 | 128.8929 |
| May | 128.1401 | 125.2784 | 126.8549 |
| June | 126.7301 | 123.1805 | 125.8672 |
| July | 126.7689 | 122.6128 | 124.1945 |
| August | 125.8045 | 122.8080 | 124.4011 |
| September | 123.1529 | 119.2186 | 120.9042 |
| October | 121.1094 | 119.0420 | 119.9144 |
| November | 141.4293 | 119.2937 | 121.0353 |
| December | 122.3062 | 119.8442 | 121.1142 |