2018 NIO to AFN Historical Review

YEARLY HIGH

2.3751 AFN

YEARLY LOW

1.9900 AFN

YEARLY AVERAGE

2.2858 AFN

2018 NIO to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NIO to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 17, valuing the pair at 2.3751. Conversely, the yearly low was recorded on November 18, dropping to 1.9900.

This high-to-low spread represents a total annual volatility of 0.3851 AFN. From a start-to-finish perspective, comparing the January average rate of 2.2542 to the December average rate of 2.3304, the exchange rate registered a net change of 3.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.3751 was up 3.01% compared to the 2017 peak of 2.3057, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,875 AFN

2017 Average 11,328 AFN

Yearly Trough Low 9,950 AFN

Transaction Impact: A difference of 1,925.33 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.3673

2.2135

JanuMarcMayJulySeptNove

NIO 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 2.2486, compared to 2.3229 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0743 points.

H1 Avg (Jan–Jun) 2.2486

H2 Avg (Jul–Dec) 2.3229

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.3705 AFN (High: 2.3605 / Low: 1.9900). On the other end, March was the most stable month, with a tight range of 0.0174 AFN (High: 2.2366 / Low: 2.2192).

November Spread (Volatile) ±0.3705

March Spread (Stable) ±0.0174

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 0.0279 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0279

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 2.3406) against the same month in 2017 (average: 2.2617), the exchange rate shifted by +0.0789 (+3.49%).

2018 Avg (September) 2.3406

2017 Avg (September) 2.2617

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2920	2.2282	2.2542
February	2.2378	2.2077	2.2263
March	2.2366	2.2192	2.2292
April	2.2545	2.2187	2.2429
May	2.2870	2.2493	2.2664
June	2.3257	2.2559	2.2726
July	2.3337	2.2516	2.2977
August	2.3029	2.2644	2.2814
September	2.3751	2.3000	2.3406
October	2.3676	2.3241	2.3545
November	2.3605	1.9900	2.3331
December	2.3488	2.2991	2.3304