YEARLY HIGH
8.9228 AFN
YEARLY LOW
8.5232 AFN
YEARLY AVERAGE
8.7178 AFN

2017 HKD to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the HKD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 8.9228. Conversely, the yearly low was recorded on January 5, dropping to 8.5232.

This high-to-low spread represents a total annual volatility of 0.3997 AFN. From a start-to-finish perspective, comparing the January average rate of 8.6041 to the December average rate of 8.8614, the exchange rate registered a net change of 2.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 8.9228 was down 0.43% compared to the 2016 peak of 8.9614, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 223,070 AFN
2016 Average 218,300 AFN
Yearly Trough Low 213,079 AFN
Transaction Impact: A difference of 9,991.52 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

8.8886
8.5614
JanuMarcMayJulySeptNove

HKD 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 8.6567, compared to 8.7788 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1221 points.

H1 Avg (Jan–Jun) 8.6567
H2 Avg (Jul–Dec) 8.7788

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.1498 AFN (High: 8.7185 / Low: 8.5687). On the other end, February was the most stable month, with a tight range of 0.0673 AFN (High: 8.6318 / Low: 8.5645).

April Spread (Volatile) ±0.1498
February Spread (Stable) ±0.0673

Growth Streaks & Declines

Trends

Between March and September, 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 September and October, when the average rate fell by 0.0237 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0237

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 8.8614) against the same month in 2016 (average: 8.5642), the exchange rate shifted by +0.2972 (+3.47%).

2017 Avg (December) 8.8614
2016 Avg (December) 8.5642

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8.6495 8.5232 8.6041
February 8.6318 8.5645 8.6101
March 8.6164 8.5407 8.5887
April 8.7185 8.5687 8.6744
May 8.7903 8.6522 8.7310
June 8.7780 8.6708 8.7322
July 8.7969 8.6772 8.7400
August 8.7989 8.7033 8.7515
September 8.8016 8.7302 8.7743
October 8.7946 8.7122 8.7505
November 8.8260 8.7499 8.7952
December 8.9228 8.7941 8.8614