YEARLY HIGH
0.0129 CHF
YEARLY LOW
0.0098 CHF
YEARLY AVERAGE
0.0109 CHF

2023 AFN to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AFN to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.0129. Conversely, the yearly low was recorded on April 18, dropping to 0.0098.

This high-to-low spread represents a total annual volatility of 0.0031 CHF. From a start-to-finish perspective, comparing the January average rate of 0.0104 to the December average rate of 0.0124, the exchange rate registered a net change of 18.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0129 was up 10.13% compared to the 2022 peak of 0.0117, 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 64 CHF
2022 Average 53 CHF
Yearly Trough Low 49 CHF
Transaction Impact: A difference of 15.48 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0127
0.0099
JanuMarcMayJulySeptNove

AFN to CHF 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 0.0104, compared to 0.0115 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0104
H2 Avg (Jul–Dec) 0.0115

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0013 CHF (High: 0.0122 / Low: 0.0109). On the other end, June was the most stable month, with a tight range of 0.0003 CHF (High: 0.0105 / Low: 0.0102).

September Spread (Volatile) ±0.0013
June Spread (Stable) ±0.0003

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 June and July, when the average rate fell by 0.0003 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0125) against the same month in 2022 (average: 0.0110), the exchange rate shifted by +0.0015 (+13.91%).

2023 Avg (November) 0.0125
2022 Avg (November) 0.0110

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0107 0.0103 0.0104
February 0.0107 0.0101 0.0103
March 0.0107 0.0103 0.0106
April 0.0106 0.0098 0.0104
May 0.0104 0.0101 0.0103
June 0.0105 0.0102 0.0104
July 0.0105 0.0098 0.0101
August 0.0109 0.0101 0.0104
September 0.0122 0.0109 0.0115
October 0.0123 0.0117 0.0120
November 0.0129 0.0121 0.0125
December 0.0127 0.0119 0.0124