2018 CVE to AFN Historical Review

YEARLY HIGH

0.8060 AFN

YEARLY LOW

0.6584 AFN

YEARLY AVERAGE

0.7726 AFN

2018 CVE to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CVE to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.8060. Conversely, the yearly low was recorded on November 18, dropping to 0.6584.

This high-to-low spread represents a total annual volatility of 0.1477 AFN. From a start-to-finish perspective, comparing the January average rate of 0.7687 to the December average rate of 0.7780, the exchange rate registered a net change of 1.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.8060 was up 6.92% compared to the 2017 peak of 0.7539, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,030 AFN

2017 Average 3,472 AFN

Yearly Trough Low 3,292 AFN

Transaction Impact: A difference of 738.43 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.7943

0.7541

JanuMarcMayJulySeptNove

CVE 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 0.7685, compared to 0.7768 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0083 points.

H1 Avg (Jan–Jun) 0.7685

H2 Avg (Jul–Dec) 0.7768

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.1292 AFN (High: 0.7876 / Low: 0.6584). On the other end, December was the most stable month, with a tight range of 0.0118 AFN (High: 0.7827 / Low: 0.7709).

November Spread (Volatile) ±0.1292

December Spread (Stable) ±0.0118

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0148 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0148

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.7910) against the same month in 2017 (average: 0.7384), the exchange rate shifted by +0.0526 (+7.13%).

2018 Avg (September) 0.7910

2017 Avg (September) 0.7384

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7848	0.7517	0.7687
February	0.7826	0.7661	0.7737
March	0.7807	0.7654	0.7740
April	0.7855	0.7680	0.7759
May	0.7715	0.7494	0.7610
June	0.7669	0.7494	0.7575
July	0.7823	0.7503	0.7705
August	0.7772	0.7469	0.7594
September	0.8060	0.7729	0.7910
October	0.7972	0.7687	0.7865
November	0.7876	0.6584	0.7753
December	0.7827	0.7709	0.7780