2023 AFN to BBD Historical Review

YEARLY HIGH

0.0291 BBD

YEARLY LOW

0.0219 BBD

YEARLY AVERAGE

0.0244 BBD

2023 AFN to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AFN to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.0291. Conversely, the yearly low was recorded on April 18, dropping to 0.0219.

This high-to-low spread represents a total annual volatility of 0.0072 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0225 to the December average rate of 0.0286, the exchange rate registered a net change of 27.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0291 was up 24.15% compared to the 2022 peak of 0.0234, 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 146 BBD

2022 Average 111 BBD

Yearly Trough Low 109 BBD

Transaction Impact: A difference of 36.23 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0292

0.0217

JanuMarcMayJulySeptNove

AFN to BBD 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 0.0228, compared to 0.0259 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.0228

H2 Avg (Jul–Dec) 0.0259

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0027 BBD (High: 0.0273 / Low: 0.0246). On the other end, January was the most stable month, with a tight range of 0.0006 BBD (High: 0.0228 / Low: 0.0222).

September Spread (Volatile) ±0.0027

January Spread (Stable) ±0.0006

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 0.0002 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0280) against the same month in 2022 (average: 0.0227), the exchange rate shifted by +0.0053 (+23.11%).

2023 Avg (November) 0.0280

2022 Avg (November) 0.0227

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0228	0.0222	0.0225
February	0.0228	0.0220	0.0223
March	0.0234	0.0223	0.0228
April	0.0235	0.0219	0.0231
May	0.0232	0.0225	0.0229
June	0.0235	0.0229	0.0231
July	0.0235	0.0228	0.0231
August	0.0246	0.0231	0.0237
September	0.0273	0.0246	0.0257
October	0.0273	0.0255	0.0265
November	0.0291	0.0268	0.0280
December	0.0289	0.0283	0.0286