YEARLY HIGH
9.7264 AFN
YEARLY LOW
8.1623 AFN
YEARLY AVERAGE
9.2366 AFN

2018 HKD to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the HKD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 15, valuing the pair at 9.7264. Conversely, the yearly low was recorded on November 18, dropping to 8.1623.

This high-to-low spread represents a total annual volatility of 1.5641 AFN. From a start-to-finish perspective, comparing the January average rate of 8.9252 to the December average rate of 9.6641, the exchange rate registered a net change of 8.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 9.7264 was up 9.01% compared to the 2017 peak of 8.9228, 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 243,161 AFN
2017 Average 217,959 AFN
Yearly Trough Low 204,058 AFN
Transaction Impact: A difference of 39,103.51 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

9.7447
8.7776
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 8.9616, compared to 9.5116 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5501 points.

H1 Avg (Jan–Jun) 8.9616
H2 Avg (Jul–Dec) 9.5116

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 1.5641 AFN (High: 9.7264 / Low: 8.1623). On the other end, March was the most stable month, with a tight range of 0.0547 AFN (High: 8.8831 / Low: 8.8284).

November Spread (Volatile) ±1.5641
March Spread (Stable) ±0.0547

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 0.0581 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0581

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 9.6230) against the same month in 2017 (average: 8.7952), the exchange rate shifted by +0.8278 (+9.41%).

2018 Avg (November) 9.6230
2017 Avg (November) 8.7952

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.0514 8.8803 8.9252
February 8.9028 8.8256 8.8671
March 8.8831 8.8284 8.8582
April 8.9649 8.8298 8.9170
May 9.1579 8.9626 9.0561
June 9.3408 9.0894 9.1457
July 9.3899 9.1087 9.2853
August 9.3666 9.1989 9.2655
September 9.7140 9.3615 9.5688
October 9.7102 9.5757 9.6630
November 9.7264 8.1623 9.6230
December 9.7227 9.5405 9.6641