2018 NGN to AFN Historical Review

YEARLY HIGH

0.2109 AFN

YEARLY LOW

0.1765 AFN

YEARLY AVERAGE

0.2003 AFN

2018 NGN to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.2109. Conversely, the yearly low was recorded on November 18, dropping to 0.1765.

This high-to-low spread represents a total annual volatility of 0.0345 AFN. From a start-to-finish perspective, comparing the January average rate of 0.1938 to the December average rate of 0.2077, the exchange rate registered a net change of 7.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.2109 was down 5.54% compared to the 2017 peak of 0.2233, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 210,906 AFN

2017 Average 204,351 AFN

Yearly Trough Low 176,452 AFN

Transaction Impact: A difference of 34,454.58 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.2101

0.1908

JanuMarcMayJulySeptNove

NGN 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 0.1950, compared to 0.2057 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0107 points.

H1 Avg (Jan–Jun) 0.1950

H2 Avg (Jul–Dec) 0.2057

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0345 AFN (High: 0.2109 / Low: 0.1765). On the other end, March was the most stable month, with a tight range of 0.0010 AFN (High: 0.1934 / Low: 0.1924).

November Spread (Volatile) ±0.0345

March Spread (Stable) ±0.0010

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 January and February, when the average rate fell by 0.0014 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.2073) against the same month in 2017 (average: 0.1910), the exchange rate shifted by +0.0163 (+8.54%).

2018 Avg (November) 0.2073

2017 Avg (November) 0.1910

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1967	0.1927	0.1938
February	0.1933	0.1913	0.1924
March	0.1934	0.1924	0.1929
April	0.1955	0.1925	0.1945
May	0.1996	0.1951	0.1973
June	0.2036	0.1977	0.1992
July	0.2046	0.1977	0.2021
August	0.2032	0.2003	0.2015
September	0.2102	0.2029	0.2071
October	0.2095	0.2065	0.2085
November	0.2109	0.1765	0.2073
December	0.2089	0.2050	0.2077