2018 AFN to IRR Historical Review

YEARLY HIGH

664.9873 IRR

YEARLY LOW

506.2460 IRR

YEARLY AVERAGE

561.5175 IRR

2018 AFN to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the AFN to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 664.9873. Conversely, the yearly low was recorded on January 9, dropping to 506.2460.

This high-to-low spread represents a total annual volatility of 158.7412 IRR. From a start-to-finish perspective, comparing the January average rate of 516.4795 to the December average rate of 559.0074, the exchange rate registered a net change of 8.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 664.9873 was up 29.70% compared to the 2017 peak of 512.6950, 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 3,324,936 IRR

2017 Average 2,431,951 IRR

Yearly Trough Low 2,531,230 IRR

Transaction Impact: A difference of 793,706.22 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

603.6212

508.5575

JanuMarcMayJulySeptNove

AFN to IRR 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 547.9704, compared to 575.0645 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 27.0940 points.

H1 Avg (Jan–Jun) 547.9704

H2 Avg (Jul–Dec) 575.0645

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 107.1067 IRR (High: 664.9873 / Low: 557.8805). On the other end, March was the most stable month, with a tight range of 5.6009 IRR (High: 542.5205 / Low: 536.9195).

November Spread (Volatile) ±107.1067

March Spread (Stable) ±5.6009

Growth Streaks & Declines

Trends

Between April and August, 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 August and September, when the average rate fell by 20.0205 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -20.0205

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 564.6255) against the same month in 2017 (average: 505.3917), the exchange rate shifted by +59.2338 (+11.72%).

2018 Avg (November) 564.6255

2017 Avg (November) 505.3917

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	531.8617	506.2460	516.4795
February	538.6276	530.8537	534.4143
March	542.5205	536.9195	539.8616
April	542.5400	532.3816	536.0217
May	594.6810	529.2717	570.7984
June	594.3180	581.2174	590.2472
July	608.2419	579.5790	593.9553
August	607.5741	586.9922	595.6992
September	587.8011	567.5731	575.6787
October	570.8073	558.6785	561.4207
November	664.9873	557.8805	564.6255
December	563.7245	555.1035	559.0074