2018 HRK to AFN Historical Review

YEARLY HIGH

12.0164 AFN

YEARLY LOW

9.8242 AFN

YEARLY AVERAGE

11.5180 AFN

2018 HRK to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the HRK to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 12.0164. Conversely, the yearly low was recorded on November 18, dropping to 9.8242.

This high-to-low spread represents a total annual volatility of 2.1922 AFN. From a start-to-finish perspective, comparing the January average rate of 11.4530 to the December average rate of 11.6137, the exchange rate registered a net change of 1.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 12.0164 was up 6.86% compared to the 2017 peak of 11.2445, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 60,082 AFN

2017 Average 51,474 AFN

Yearly Trough Low 49,121 AFN

Transaction Impact: A difference of 10,961.08 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

11.8046

11.2547

JanuMarcMayJulySeptNove

HRK 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 11.4628, compared to 11.5732 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1104 points.

H1 Avg (Jan–Jun) 11.4628

H2 Avg (Jul–Dec) 11.5732

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 1.8991 AFN (High: 11.7233 / Low: 9.8242). On the other end, March was the most stable month, with a tight range of 0.1644 AFN (High: 11.6080 / Low: 11.4437).

November Spread (Volatile) ±1.8991

March Spread (Stable) ±0.1644

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 July and August, when the average rate fell by 0.2174 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2174

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 11.7588) against the same month in 2017 (average: 10.9500), the exchange rate shifted by +0.8088 (+7.39%).

2018 Avg (September) 11.7588

2017 Avg (September) 10.9500

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.6443	11.1779	11.4530
February	11.6936	11.3806	11.5155
March	11.6080	11.4437	11.5189
April	11.7376	11.4632	11.5756
May	11.5100	11.1558	11.3667
June	11.5983	11.2011	11.3472
July	11.6816	11.2676	11.5179
August	11.5701	11.1248	11.3005
September	12.0164	11.4627	11.7588
October	11.8754	11.4267	11.7223
November	11.7233	9.8242	11.5261
December	11.7003	11.4757	11.6137