2023 AFN to AED Historical Review

YEARLY HIGH

0.0534 AED

YEARLY LOW

0.0401 AED

YEARLY AVERAGE

0.0447 AED

2023 AFN to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AFN to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.0534. Conversely, the yearly low was recorded on April 18, dropping to 0.0401.

This high-to-low spread represents a total annual volatility of 0.0133 AED. From a start-to-finish perspective, comparing the January average rate of 0.0413 to the December average rate of 0.0525, the exchange rate registered a net change of 27.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0534 was up 24.14% compared to the 2022 peak of 0.0431, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 267 AED

2022 Average 205 AED

Yearly Trough Low 201 AED

Transaction Impact: A difference of 66.56 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0537

0.0398

JanuMarcMayJulySeptNove

AFN to AED 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 0.0418, compared to 0.0476 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.0418

H2 Avg (Jul–Dec) 0.0476

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0050 AED (High: 0.0501 / Low: 0.0451). On the other end, January was the most stable month, with a tight range of 0.0011 AED (High: 0.0419 / Low: 0.0408).

September Spread (Volatile) ±0.0050

January Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0004 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0514) against the same month in 2022 (average: 0.0418), the exchange rate shifted by +0.0097 (+23.11%).

2023 Avg (November) 0.0514

2022 Avg (November) 0.0418

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0419	0.0408	0.0413
February	0.0418	0.0404	0.0410
March	0.0429	0.0410	0.0419
April	0.0431	0.0401	0.0424
May	0.0426	0.0413	0.0420
June	0.0431	0.0420	0.0424
July	0.0431	0.0419	0.0424
August	0.0452	0.0424	0.0435
September	0.0501	0.0451	0.0471
October	0.0501	0.0468	0.0486
November	0.0534	0.0493	0.0514
December	0.0530	0.0519	0.0525