2023 AFN to CAD Historical Review

YEARLY HIGH

0.0200 CAD

YEARLY LOW

0.0146 CAD

YEARLY AVERAGE

0.0164 CAD

2023 AFN to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AFN to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.0200. Conversely, the yearly low was recorded on April 18, dropping to 0.0146.

This high-to-low spread represents a total annual volatility of 0.0053 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0151 to the December average rate of 0.0192, the exchange rate registered a net change of 26.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0200 was up 23.29% compared to the 2022 peak of 0.0162, 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 100 CAD

2022 Average 73 CAD

Yearly Trough Low 73 CAD

Transaction Impact: A difference of 26.66 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0196

0.0146

JanuMarcMayJulySeptNove

AFN to CAD 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 0.0154, 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 0.0022 points.

H1 Avg (Jan–Jun) 0.0154

H2 Avg (Jul–Dec) 0.0175

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0019 CAD (High: 0.0186 / Low: 0.0167). On the other end, July was the most stable month, with a tight range of 0.0005 CAD (High: 0.0156 / Low: 0.0151).

September Spread (Volatile) ±0.0019

July Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0001 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0192) against the same month in 2022 (average: 0.0153), the exchange rate shifted by +0.0039 (+25.68%).

2023 Avg (November) 0.0192

2022 Avg (November) 0.0153

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0156	0.0149	0.0151
February	0.0155	0.0147	0.0150
March	0.0160	0.0152	0.0156
April	0.0158	0.0146	0.0156
May	0.0157	0.0152	0.0155
June	0.0156	0.0151	0.0153
July	0.0156	0.0151	0.0153
August	0.0166	0.0153	0.0160
September	0.0186	0.0167	0.0174
October	0.0189	0.0174	0.0182
November	0.0200	0.0184	0.0192
December	0.0196	0.0187	0.0192