2018 CDF to AFN Historical Review

YEARLY HIGH

0.0473 AFN

YEARLY LOW

0.0394 AFN

YEARLY AVERAGE

0.0447 AFN

2018 CDF to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CDF to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 0.0473. Conversely, the yearly low was recorded on November 18, dropping to 0.0394.

This high-to-low spread represents a total annual volatility of 0.0078 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0436 to the December average rate of 0.0465, the exchange rate registered a net change of 6.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0473 was down 17.76% compared to the 2017 peak of 0.0575, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 236 AFN

2017 Average 235 AFN

Yearly Trough Low 197 AFN

Transaction Impact: A difference of 39.13 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0469

0.0426

JanuMarcMayJulySeptNove

CDF 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 0.0436, compared to 0.0458 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0436

H2 Avg (Jul–Dec) 0.0458

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0078 AFN (High: 0.0473 / Low: 0.0394). On the other end, March was the most stable month, with a tight range of 0.0005 AFN (High: 0.0432 / Low: 0.0428).

November Spread (Volatile) ±0.0078

March Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0005 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.0464) against the same month in 2017 (average: 0.0437), the exchange rate shifted by +0.0027 (+6.23%).

2018 Avg (November) 0.0464

2017 Avg (November) 0.0437

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0445	0.0431	0.0436
February	0.0435	0.0425	0.0431
March	0.0432	0.0428	0.0430
April	0.0436	0.0429	0.0433
May	0.0445	0.0436	0.0440
June	0.0454	0.0442	0.0444
July	0.0463	0.0440	0.0450
August	0.0451	0.0444	0.0447
September	0.0468	0.0447	0.0459
October	0.0469	0.0461	0.0465
November	0.0473	0.0394	0.0464
December	0.0472	0.0456	0.0465