2023 AFN to EUR Historical Review

YEARLY HIGH

0.0134 EUR

YEARLY LOW

0.0100 EUR

YEARLY AVERAGE

0.0113 EUR

2023 AFN to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AFN to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 0.0134. Conversely, the yearly low was recorded on April 18, dropping to 0.0100.

This high-to-low spread represents a total annual volatility of 0.0034 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0104 to the December average rate of 0.0131, the exchange rate registered a net change of 25.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0134 was up 10.99% compared to the 2022 peak of 0.0121, 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 67 EUR

2022 Average 53 EUR

Yearly Trough Low 50 EUR

Transaction Impact: A difference of 17.24 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0134

0.0102

JanuMarcMayJulySeptNove

AFN to EUR 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 0.0105, compared to 0.0120 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0105

H2 Avg (Jul–Dec) 0.0120

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0013 EUR (High: 0.0127 / Low: 0.0114). On the other end, March was the most stable month, with a tight range of 0.0003 EUR (High: 0.0108 / Low: 0.0105).

September Spread (Volatile) ±0.0013

March Spread (Stable) ±0.0003

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 June and July, 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 (December 2023: 0.0131) against the same month in 2022 (average: 0.0108), the exchange rate shifted by +0.0023 (+21.29%).

2023 Avg (December) 0.0131

2022 Avg (December) 0.0108

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0108	0.0102	0.0104
February	0.0107	0.0101	0.0104
March	0.0108	0.0105	0.0107
April	0.0107	0.0100	0.0105
May	0.0107	0.0103	0.0105
June	0.0109	0.0104	0.0106
July	0.0107	0.0102	0.0104
August	0.0114	0.0105	0.0109
September	0.0127	0.0114	0.0120
October	0.0129	0.0122	0.0125
November	0.0133	0.0125	0.0129
December	0.0134	0.0128	0.0131