2023 AFN to BZD Historical Review

YEARLY HIGH

0.0292 BZD

YEARLY LOW

0.0220 BZD

YEARLY AVERAGE

0.0245 BZD

2023 AFN to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AFN to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.0292. Conversely, the yearly low was recorded on April 18, dropping to 0.0220.

This high-to-low spread represents a total annual volatility of 0.0072 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0227 to the December average rate of 0.0288, the exchange rate registered a net change of 27.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0292 was up 23.54% compared to the 2022 peak of 0.0236, 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 BZD

2022 Average 112 BZD

Yearly Trough Low 110 BZD

Transaction Impact: A difference of 35.77 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0295

0.0219

JanuMarcMayJulySeptNove

AFN to BZD 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 0.0229, compared to 0.0261 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.0229

H2 Avg (Jul–Dec) 0.0261

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0027 BZD (High: 0.0275 / Low: 0.0247). On the other end, December was the most stable month, with a tight range of 0.0006 BZD (High: 0.0291 / Low: 0.0285).

September Spread (Volatile) ±0.0027

December Spread (Stable) ±0.0006

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 April and May, when the average rate fell by 0.0002 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0282) against the same month in 2022 (average: 0.0229), the exchange rate shifted by +0.0053 (+23.09%).

2023 Avg (November) 0.0282

2022 Avg (November) 0.0229

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0230	0.0224	0.0227
February	0.0230	0.0222	0.0225
March	0.0236	0.0225	0.0230
April	0.0236	0.0220	0.0232
May	0.0233	0.0227	0.0230
June	0.0237	0.0230	0.0232
July	0.0236	0.0229	0.0232
August	0.0248	0.0233	0.0239
September	0.0275	0.0247	0.0259
October	0.0275	0.0257	0.0267
November	0.0292	0.0271	0.0282
December	0.0291	0.0285	0.0288