2018 AZN to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 AZN to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the AZN to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 5409.6916. Conversely, the yearly low was recorded on August 18, dropping to 5248.1645.
This high-to-low spread represents a total annual volatility of 161.5272 GNF. From a start-to-finish perspective, comparing the January average rate of 5322.4886 to the December average rate of 5377.3658, the exchange rate registered a net change of 1.03% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 5409.6916 was down 3.54% compared to the 2017 peak of 5608.3483, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
AZN 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 5311.5722, compared to 5336.2962 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 24.7241 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was November, with a trading range of 100.2648 GNF (High: 5392.0705 / Low: 5291.8057). On the other end, May was the most stable month, with a tight range of 22.3789 GNF (High: 5308.7225 / Low: 5286.3436).
Growth Streaks & Declines
TrendsBetween August and December, 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 February and March, when the average rate fell by 19.4382 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2018: 5377.3658) against the same month in 2017 (average: 5313.7718), the exchange rate shifted by +63.5941 (+1.20%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5349.8817 | 5291.1765 | 5322.4886 |
| February | 5351.5178 | 5298.7941 | 5332.2939 |
| March | 5343.0341 | 5286.3142 | 5312.8557 |
| April | 5321.5210 | 5270.8468 | 5299.3073 |
| May | 5308.7225 | 5286.3436 | 5295.8916 |
| June | 5321.4033 | 5296.2996 | 5306.5958 |
| July | 5342.1439 | 5301.8149 | 5315.5180 |
| August | 5345.0808 | 5248.1645 | 5314.3072 |
| September | 5361.2335 | 5309.4723 | 5325.1378 |
| October | 5359.7651 | 5293.9928 | 5334.5114 |
| November | 5392.0705 | 5291.8057 | 5350.9371 |
| December | 5409.6916 | 5336.0127 | 5377.3658 |