2019 HKD to AFN Historical Review

YEARLY HIGH

10.4480 AFN

YEARLY LOW

9.4919 AFN

YEARLY AVERAGE

9.9396 AFN

2019 HKD to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the HKD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 1, valuing the pair at 10.4480. Conversely, the yearly low was recorded on February 19, dropping to 9.4919.

This high-to-low spread represents a total annual volatility of 0.9561 AFN. From a start-to-finish perspective, comparing the January average rate of 9.6272 to the December average rate of 10.0645, the exchange rate registered a net change of 4.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 10.4480 was up 7.42% compared to the 2018 peak of 9.7264, 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 261,200 AFN

2018 Average 230,970 AFN

Yearly Trough Low 237,296 AFN

Transaction Impact: A difference of 23,903.73 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

10.3570

9.4710

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 9.8230, compared to 10.0562 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2332 points.

H1 Avg (Jan–Jun) 9.8230

H2 Avg (Jul–Dec) 10.0562

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 0.4059 AFN (High: 10.2846 / Low: 9.8786). On the other end, October was the most stable month, with a tight range of 0.0591 AFN (High: 10.0082 / Low: 9.9491).

May Spread (Volatile) ±0.4059

October Spread (Stable) ±0.0591

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.2666 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.2666

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 10.2832) against the same month in 2018 (average: 9.2853), the exchange rate shifted by +0.9979 (+10.75%).

2019 Avg (July) 10.2832

2018 Avg (July) 9.2853

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.6867	9.5961	9.6272
February	9.6273	9.4919	9.5448
March	9.6916	9.5049	9.6052
April	9.9228	9.6743	9.8496
May	10.2846	9.8786	10.0646
June	10.4347	10.1145	10.2466
July	10.4480	10.1640	10.2832
August	10.2258	9.8525	10.0165
September	10.0317	9.9362	9.9894
October	10.0082	9.9491	9.9792
November	10.0626	9.9673	10.0047
December	10.1103	9.9972	10.0645