2023 AFN to DJF Historical Review

YEARLY HIGH

2.5782 DJF

YEARLY LOW

1.9472 DJF

YEARLY AVERAGE

2.1652 DJF

2023 AFN to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AFN to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 2.5782. Conversely, the yearly low was recorded on April 18, dropping to 1.9472.

This high-to-low spread represents a total annual volatility of 0.6310 DJF. From a start-to-finish perspective, comparing the January average rate of 2.0005 to the December average rate of 2.5461, the exchange rate registered a net change of 27.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.5782 was up 23.49% compared to the 2022 peak of 2.0877, 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 12,891 DJF

2022 Average 9,914 DJF

Yearly Trough Low 9,736 DJF

Transaction Impact: A difference of 3,154.93 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.6022

1.9293

JanuMarcMayJulySeptNove

AFN to DJF 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 2.0250, compared to 2.3055 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2805 points.

H1 Avg (Jan–Jun) 2.0250

H2 Avg (Jul–Dec) 2.3055

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.2454 DJF (High: 2.4284 / Low: 2.1829). On the other end, January was the most stable month, with a tight range of 0.0522 DJF (High: 2.0273 / Low: 1.9750).

September Spread (Volatile) ±0.2454

January Spread (Stable) ±0.0522

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 0.0175 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0175

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 2.4877) against the same month in 2022 (average: 2.0211), the exchange rate shifted by +0.4666 (+23.09%).

2023 Avg (November) 2.4877

2022 Avg (November) 2.0211

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0273	1.9750	2.0005
February	2.0258	1.9555	1.9854
March	2.0790	1.9869	2.0280
April	2.0856	1.9472	2.0506
May	2.0646	1.9997	2.0330
June	2.0870	2.0323	2.0526
July	2.0832	2.0219	2.0512
August	2.1898	2.0555	2.1076
September	2.4284	2.1829	2.2851
October	2.4286	2.2686	2.3552
November	2.5782	2.3870	2.4877
December	2.5755	2.5173	2.5461