2018 GMD to AFN Historical Review

YEARLY HIGH

1.5684 AFN

YEARLY LOW

1.2879 AFN

YEARLY AVERAGE

1.5051 AFN

2018 GMD to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GMD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 14, valuing the pair at 1.5684. Conversely, the yearly low was recorded on November 18, dropping to 1.2879.

This high-to-low spread represents a total annual volatility of 0.2805 AFN. From a start-to-finish perspective, comparing the January average rate of 1.4541 to the December average rate of 1.5281, the exchange rate registered a net change of 5.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.5684 was up 0.02% compared to the 2017 peak of 1.5681, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,842 AFN

2017 Average 7,417 AFN

Yearly Trough Low 6,439 AFN

Transaction Impact: A difference of 1,402.72 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.5541

1.4450

JanuMarcMayJulySeptNove

GMD 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 1.4828, compared to 1.5273 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0445 points.

H1 Avg (Jan–Jun) 1.4828

H2 Avg (Jul–Dec) 1.5273

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.2485 AFN (High: 1.5364 / Low: 1.2879). On the other end, March was the most stable month, with a tight range of 0.0174 AFN (High: 1.4750 / Low: 1.4577).

November Spread (Volatile) ±0.2485

March Spread (Stable) ±0.0174

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0158 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0158

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 1.5450) against the same month in 2017 (average: 1.4891), the exchange rate shifted by +0.0559 (+3.76%).

2018 Avg (September) 1.5450

2017 Avg (September) 1.4891

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.4855	1.4277	1.4541
February	1.4751	1.4496	1.4651
March	1.4750	1.4577	1.4681
April	1.4920	1.4623	1.4819
May	1.5233	1.4911	1.5070
June	1.5546	1.5125	1.5208
July	1.5598	1.4880	1.5278
August	1.5312	1.4988	1.5119
September	1.5684	1.5298	1.5450
October	1.5387	1.5187	1.5306
November	1.5364	1.2879	1.5205
December	1.5366	1.5135	1.5281