2018 AFN to KES Historical Review

YEARLY HIGH

1.6064 KES

YEARLY LOW

1.3261 KES

YEARLY AVERAGE

1.4009 KES

2018 AFN to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the AFN to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 1.6064. Conversely, the yearly low was recorded on October 18, dropping to 1.3261.

This high-to-low spread represents a total annual volatility of 0.2803 KES. From a start-to-finish perspective, comparing the January average rate of 1.4741 to the December average rate of 1.3519, the exchange rate registered a net change of -8.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.6064 was up 2.28% compared to the 2017 peak of 1.5705, 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 8,032 KES

2017 Average 7,611 KES

Yearly Trough Low 6,630 KES

Transaction Impact: A difference of 1,401.49 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.4880

1.3208

JanuMarcMayJulySeptNove

AFN to KES 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 1.4423, compared to 1.3594 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0829 points.

H1 Avg (Jan–Jun) 1.4423

H2 Avg (Jul–Dec) 1.3594

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.2618 KES (High: 1.6064 / Low: 1.3446). On the other end, March was the most stable month, with a tight range of 0.0089 KES (High: 1.4597 / Low: 1.4507).

November Spread (Volatile) ±0.2618

March Spread (Stable) ±0.0089

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0394 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0394

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 1.3593) against the same month in 2017 (average: 1.5087), the exchange rate shifted by -0.1493 (-9.90%).

2018 Avg (November) 1.3593

2017 Avg (November) 1.5087

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4931	1.4576	1.4741
February	1.4757	1.4476	1.4622
March	1.4597	1.4507	1.4564
April	1.4574	1.4208	1.4377
May	1.4304	1.4013	1.4160
June	1.4211	1.3764	1.4076
July	1.4091	1.3681	1.3813
August	1.3923	1.3701	1.3843
September	1.3701	1.3267	1.3449
October	1.3570	1.3261	1.3347
November	1.6064	1.3446	1.3593
December	1.3623	1.3423	1.3519