2023 AFN to BND Historical Review

YEARLY HIGH

0.0196 BND

YEARLY LOW

0.0145 BND

YEARLY AVERAGE

0.0164 BND

2023 AFN to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AFN to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.0196. Conversely, the yearly low was recorded on February 3, dropping to 0.0145.

This high-to-low spread represents a total annual volatility of 0.0051 BND. From a start-to-finish perspective, comparing the January average rate of 0.0149 to the December average rate of 0.0190, the exchange rate registered a net change of 27.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0196 was up 16.25% compared to the 2022 peak of 0.0168, 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 98 BND

2022 Average 77 BND

Yearly Trough Low 72 BND

Transaction Impact: A difference of 25.43 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0195

0.0144

JanuMarcMayJulySeptNove

AFN to BND 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 0.0152, compared to 0.0175 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0152

H2 Avg (Jul–Dec) 0.0175

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0020 BND (High: 0.0186 / Low: 0.0166). On the other end, March was the most stable month, with a tight range of 0.0005 BND (High: 0.0155 / Low: 0.0150).

September Spread (Volatile) ±0.0020

March Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between July and December, 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 June and July, when the average rate fell by 0.0001 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0189) against the same month in 2022 (average: 0.0158), the exchange rate shifted by +0.0031 (+19.62%).

2023 Avg (November) 0.0189

2022 Avg (November) 0.0158

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0153	0.0147	0.0149
February	0.0154	0.0145	0.0149
March	0.0155	0.0150	0.0153
April	0.0157	0.0146	0.0154
May	0.0155	0.0149	0.0153
June	0.0159	0.0153	0.0155
July	0.0158	0.0151	0.0154
August	0.0166	0.0154	0.0160
September	0.0186	0.0166	0.0175
October	0.0186	0.0175	0.0181
November	0.0196	0.0182	0.0189
December	0.0194	0.0187	0.0190