2018 BAM to AFN Historical Review

YEARLY HIGH

45.9247 AFN

YEARLY LOW

37.3217 AFN

YEARLY AVERAGE

43.7274 AFN

2018 BAM to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BAM to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 16, valuing the pair at 45.9247. Conversely, the yearly low was recorded on November 18, dropping to 37.3217.

This high-to-low spread represents a total annual volatility of 8.6031 AFN. From a start-to-finish perspective, comparing the January average rate of 43.4926 to the December average rate of 43.9889, the exchange rate registered a net change of 1.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 45.9247 was up 7.65% compared to the 2017 peak of 42.6628, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 229,624 AFN

2017 Average 196,353 AFN

Yearly Trough Low 186,608 AFN

Transaction Impact: A difference of 43,015.40 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

45.0273

42.6457

JanuMarcMayJulySeptNove

BAM 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 43.4839, compared to 43.9709 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4869 points.

H1 Avg (Jan–Jun) 43.4839

H2 Avg (Jul–Dec) 43.9709

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 7.9360 AFN (High: 45.2576 / Low: 37.3217). On the other end, December was the most stable month, with a tight range of 0.7066 AFN (High: 44.2596 / Low: 43.5530).

November Spread (Volatile) ±7.9360

December Spread (Stable) ±0.7066

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 April and May, when the average rate fell by 0.9763 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.9763

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 44.8288) against the same month in 2017 (average: 41.7765), the exchange rate shifted by +3.0523 (+7.31%).

2018 Avg (September) 44.8288

2017 Avg (September) 41.7765

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	44.2710	42.5253	43.4926
February	44.3125	43.3855	43.8029
March	44.1115	43.2633	43.7898
April	44.4295	43.4793	43.9752
May	43.6539	42.1862	42.9989
June	43.6562	42.2292	42.8442
July	44.4685	42.3633	43.6450
August	43.9758	42.1778	42.9563
September	45.9247	43.5792	44.8288
October	45.6391	43.4673	44.5002
November	45.2576	37.3217	43.9059
December	44.2596	43.5530	43.9889