2017 BTN to AFN Historical Review

YEARLY HIGH

1.1723 AFN

YEARLY LOW

0.9709 AFN

YEARLY AVERAGE

1.0445 AFN

2017 BTN to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the BTN to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 1.1723. Conversely, the yearly low was recorded on January 5, dropping to 0.9709.

This high-to-low spread represents a total annual volatility of 0.2014 AFN. From a start-to-finish perspective, comparing the January average rate of 0.9802 to the December average rate of 1.0776, the exchange rate registered a net change of 9.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.1723 was up 12.86% compared to the 2016 peak of 1.0387, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,861 AFN

2016 Average 5,045 AFN

Yearly Trough Low 4,855 AFN

Transaction Impact: A difference of 1,006.84 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.0899

0.9702

JanuMarcMayJulySeptNove

BTN 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 1.0241, compared to 1.0648 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0407 points.

H1 Avg (Jan–Jun) 1.0241

H2 Avg (Jul–Dec) 1.0648

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.1093 AFN (High: 1.1723 / Low: 1.0630). On the other end, June was the most stable month, with a tight range of 0.0132 AFN (High: 1.0622 / Low: 1.0490).

August Spread (Volatile) ±0.1093

June Spread (Stable) ±0.0132

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0156 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0156

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 1.0799) against the same month in 2016 (average: 1.0054), the exchange rate shifted by +0.0745 (+7.41%).

2017 Avg (August) 1.0799

2016 Avg (August) 1.0054

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9848	0.9709	0.9802
February	1.0004	0.9833	0.9963
March	1.0290	0.9941	1.0115
April	1.0564	1.0261	1.0447
May	1.0625	1.0479	1.0554
June	1.0622	1.0490	1.0567
July	1.0670	1.0502	1.0586
August	1.1723	1.0630	1.0799
September	1.0736	1.0410	1.0648
October	1.0571	1.0402	1.0493
November	1.0699	1.0507	1.0588
December	1.0901	1.0663	1.0776