2018 AZN to AFN Historical Review

YEARLY HIGH

44.7431 AFN

YEARLY LOW

37.5418 AFN

YEARLY AVERAGE

42.5830 AFN

2018 AZN to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the AZN to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 44.7431. Conversely, the yearly low was recorded on November 18, dropping to 37.5418.

This high-to-low spread represents a total annual volatility of 7.2013 AFN. From a start-to-finish perspective, comparing the January average rate of 41.2355 to the December average rate of 44.3999, the exchange rate registered a net change of 7.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 44.7431 was up 8.70% compared to the 2017 peak of 41.1622, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AZN based on timing:

Yearly Peak High 223,716 AFN

2017 Average 197,746 AFN

Yearly Trough Low 187,709 AFN

Transaction Impact: A difference of 36,006.73 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

44.8387

40.6139

JanuMarcMayJulySeptNove

AZN to AFN 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 41.3811, compared to 43.7849 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4039 points.

H1 Avg (Jan–Jun) 41.3811

H2 Avg (Jul–Dec) 43.7849

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 7.2013 AFN (High: 44.7431 / Low: 37.5418). On the other end, February was the most stable month, with a tight range of 0.5093 AFN (High: 41.2235 / Low: 40.7142).

November Spread (Volatile) ±7.2013

February Spread (Stable) ±0.5093

Growth Streaks & Declines

Trends

Between March and July, 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 October and November, when the average rate fell by 0.2372 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.2372

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 44.2495) against the same month in 2017 (average: 40.4124), the exchange rate shifted by +3.8371 (+9.49%).

2018 Avg (November) 44.2495

2017 Avg (November) 40.4124

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	41.8932	40.8559	41.2355
February	41.2235	40.7142	41.0577
March	41.2880	40.7063	40.9660
April	41.3216	40.7626	41.1148
May	42.1968	41.3213	41.7496
June	43.0585	41.8890	42.1627
July	43.2579	41.9967	42.8027
August	43.1918	42.4097	42.7204
September	44.6701	43.1615	44.0502
October	44.6779	44.1115	44.4867
November	44.7431	37.5418	44.2495
December	44.6722	43.8712	44.3999