2018 AFN to TOP Historical Review

YEARLY HIGH

0.0358 TOP

YEARLY LOW

0.0297 TOP

YEARLY AVERAGE

0.0314 TOP

2018 AFN to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the AFN to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.0358. Conversely, the yearly low was recorded on December 16, dropping to 0.0297.

This high-to-low spread represents a total annual volatility of 0.0062 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0322 to the December average rate of 0.0301, the exchange rate registered a net change of -6.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0358 was up 2.36% compared to the 2017 peak of 0.0350, 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 179 TOP

2017 Average 167 TOP

Yearly Trough Low 148 TOP

Transaction Impact: A difference of 30.76 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0324

0.0299

JanuMarcMayJulySeptNove

AFN to TOP 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 0.0319, compared to 0.0309 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0319

H2 Avg (Jul–Dec) 0.0309

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0058 TOP (High: 0.0358 / Low: 0.0301). On the other end, October was the most stable month, with a tight range of 0.0003 TOP (High: 0.0307 / Low: 0.0303).

November Spread (Volatile) ±0.0058

October Spread (Stable) ±0.0003

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 0.0010 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.0305) against the same month in 2017 (average: 0.0331), the exchange rate shifted by -0.0026 (-7.85%).

2018 Avg (November) 0.0305

2017 Avg (November) 0.0331

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0326	0.0318	0.0322
February	0.0323	0.0316	0.0319
March	0.0322	0.0318	0.0320
April	0.0322	0.0314	0.0318
May	0.0324	0.0313	0.0319
June	0.0321	0.0314	0.0318
July	0.0324	0.0313	0.0318
August	0.0320	0.0314	0.0318
September	0.0314	0.0304	0.0308
October	0.0307	0.0303	0.0304
November	0.0358	0.0301	0.0305
December	0.0307	0.0297	0.0301