2018 BGN to AFN Historical Review

YEARLY HIGH

45.6107 AFN

YEARLY LOW

37.3203 AFN

YEARLY AVERAGE

43.6851 AFN

2018 BGN to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BGN to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 23, valuing the pair at 45.6107. Conversely, the yearly low was recorded on November 18, dropping to 37.3203.

This high-to-low spread represents a total annual volatility of 8.2904 AFN. From a start-to-finish perspective, comparing the January average rate of 43.5331 to the December average rate of 43.9657, the exchange rate registered a net change of 0.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 45.6107 was up 6.79% compared to the 2017 peak of 42.7113, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 228,053 AFN

2017 Average 196,405 AFN

Yearly Trough Low 186,602 AFN

Transaction Impact: A difference of 41,451.90 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

44.8582

42.6649

JanuMarcMayJulySeptNove

BGN 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 43.4773, compared to 43.8930 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4156 points.

H1 Avg (Jan–Jun) 43.4773

H2 Avg (Jul–Dec) 43.8930

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 7.2132 AFN (High: 44.5336 / Low: 37.3203). On the other end, March was the most stable month, with a tight range of 0.6325 AFN (High: 44.1466 / Low: 43.5140).

November Spread (Volatile) ±7.2132

March Spread (Stable) ±0.6325

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 0.9375 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.9375

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 44.6754) against the same month in 2017 (average: 41.7753), the exchange rate shifted by +2.9001 (+6.94%).

2018 Avg (September) 44.6754

2017 Avg (September) 41.7753

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	44.1946	42.5042	43.5331
February	44.4299	43.3592	43.7966
March	44.1466	43.5140	43.7911
April	44.4543	43.4407	43.9166
May	43.4927	42.2071	42.9790
June	43.7810	42.3846	42.8477
July	44.2151	42.5691	43.5572
August	44.0128	42.2199	42.9070
September	45.6107	43.6009	44.6754
October	45.0173	43.4478	44.4823
November	44.5336	37.3203	43.7701
December	44.2525	43.5235	43.9657