2018 BIF to AFN Historical Review

YEARLY HIGH

0.0428 AFN

YEARLY LOW

0.0359 AFN

YEARLY AVERAGE

0.0407 AFN

2018 BIF to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BIF to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 17, valuing the pair at 0.0428. Conversely, the yearly low was recorded on November 18, dropping to 0.0359.

This high-to-low spread represents a total annual volatility of 0.0069 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0396 to the December average rate of 0.0418, the exchange rate registered a net change of 5.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0428 was up 6.12% compared to the 2017 peak of 0.0404, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 214 AFN

2017 Average 197 AFN

Yearly Trough Low 180 AFN

Transaction Impact: A difference of 34.47 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0426

0.0390

JanuMarcMayJulySeptNove

BIF 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 0.0397, compared to 0.0417 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0397

H2 Avg (Jul–Dec) 0.0417

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0068 AFN (High: 0.0427 / Low: 0.0359). On the other end, March was the most stable month, with a tight range of 0.0007 AFN (High: 0.0396 / Low: 0.0389).

November Spread (Volatile) ±0.0068

March Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0004 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.0422) against the same month in 2017 (average: 0.0393), the exchange rate shifted by +0.0030 (+7.53%).

2018 Avg (September) 0.0422

2017 Avg (September) 0.0393

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0403	0.0392	0.0396
February	0.0396	0.0389	0.0393
March	0.0396	0.0389	0.0393
April	0.0399	0.0389	0.0395
May	0.0408	0.0396	0.0401
June	0.0412	0.0400	0.0405
July	0.0418	0.0402	0.0411
August	0.0415	0.0404	0.0410
September	0.0428	0.0415	0.0422
October	0.0428	0.0415	0.0423
November	0.0427	0.0359	0.0419
December	0.0425	0.0411	0.0418