2023 AFN to BRL Historical Review

YEARLY HIGH

0.0714 BRL

YEARLY LOW

0.0541 BRL

YEARLY AVERAGE

0.0608 BRL

2023 AFN to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AFN to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.0714. Conversely, the yearly low was recorded on July 27, dropping to 0.0541.

This high-to-low spread represents a total annual volatility of 0.0173 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0584 to the December average rate of 0.0700, the exchange rate registered a net change of 19.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0714 was up 15.00% compared to the 2022 peak of 0.0621, 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 357 BRL

2022 Average 287 BRL

Yearly Trough Low 270 BRL

Transaction Impact: A difference of 86.58 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0715

0.0539

JanuMarcMayJulySeptNove

AFN to BRL 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 0.0577, compared to 0.0638 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0061 points.

H1 Avg (Jan–Jun) 0.0577

H2 Avg (Jul–Dec) 0.0638

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0072 BRL (High: 0.0679 / Low: 0.0607). On the other end, May was the most stable month, with a tight range of 0.0024 BRL (High: 0.0579 / Low: 0.0555).

September Spread (Volatile) ±0.0072

May Spread (Stable) ±0.0024

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 March and April, when the average rate fell by 0.0016 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0686) against the same month in 2022 (average: 0.0601), the exchange rate shifted by +0.0086 (+14.27%).

2023 Avg (November) 0.0686

2022 Avg (November) 0.0601

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0624	0.0567	0.0584
February	0.0593	0.0562	0.0578
March	0.0612	0.0581	0.0595
April	0.0595	0.0545	0.0579
May	0.0579	0.0555	0.0569
June	0.0575	0.0547	0.0560
July	0.0569	0.0541	0.0554
August	0.0610	0.0553	0.0581
September	0.0679	0.0607	0.0635
October	0.0688	0.0646	0.0670
November	0.0714	0.0658	0.0686
December	0.0714	0.0686	0.0700