2018 BTN to AFN Historical Review

YEARLY HIGH

1.1121 AFN

YEARLY LOW

0.8962 AFN

YEARLY AVERAGE

1.0597 AFN

2018 BTN to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BTN to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 1.1121. Conversely, the yearly low was recorded on November 18, dropping to 0.8962.

This high-to-low spread represents a total annual volatility of 0.2159 AFN. From a start-to-finish perspective, comparing the January average rate of 1.0969 to the December average rate of 1.0701, the exchange rate registered a net change of -2.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.1121 was down 5.14% compared to the 2017 peak of 1.1723, 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 5,560 AFN

2017 Average 5,224 AFN

Yearly Trough Low 4,481 AFN

Transaction Impact: A difference of 1,079.43 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.1036

1.0224

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 1.0701, compared to 1.0493 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0208 points.

H1 Avg (Jan–Jun) 1.0701

H2 Avg (Jul–Dec) 1.0493

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.1915 AFN (High: 1.0877 / Low: 0.8962). On the other end, March was the most stable month, with a tight range of 0.0097 AFN (High: 1.0743 / Low: 1.0646).

November Spread (Volatile) ±0.1915

March Spread (Stable) ±0.0097

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0195 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0195

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 1.0969) against the same month in 2017 (average: 0.9802), the exchange rate shifted by +0.1167 (+11.90%).

2018 Avg (January) 1.0969

2017 Avg (January) 0.9802

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1121	1.0841	1.0969
February	1.0914	1.0623	1.0774
March	1.0743	1.0646	1.0681
April	1.0757	1.0523	1.0658
May	1.0634	1.0424	1.0532
June	1.0705	1.0485	1.0591
July	1.0719	1.0360	1.0612
August	1.0603	1.0354	1.0458
September	1.0586	1.0227	1.0408
October	1.0389	1.0134	1.0291
November	1.0877	0.8962	1.0488
December	1.0872	1.0528	1.0701