2023 AFN to GBP Historical Review

YEARLY HIGH

0.0117 GBP

YEARLY LOW

0.0088 GBP

YEARLY AVERAGE

0.0098 GBP

2023 AFN to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AFN to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.0117. Conversely, the yearly low was recorded on July 16, dropping to 0.0088.

This high-to-low spread represents a total annual volatility of 0.0029 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0092 to the December average rate of 0.0113, the exchange rate registered a net change of 22.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0117 was up 10.04% compared to the 2022 peak of 0.0106, 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 58 GBP

2022 Average 45 GBP

Yearly Trough Low 44 GBP

Transaction Impact: A difference of 14.53 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0115

0.0087

JanuMarcMayJulySeptNove

AFN to GBP 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 0.0092, compared to 0.0103 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) 0.0092

H2 Avg (Jul–Dec) 0.0103

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0012 GBP (High: 0.0109 / Low: 0.0098). On the other end, March was the most stable month, with a tight range of 0.0003 GBP (High: 0.0095 / Low: 0.0093).

September Spread (Volatile) ±0.0012

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 (November 2023: 0.0113) against the same month in 2022 (average: 0.0097), the exchange rate shifted by +0.0016 (+16.46%).

2023 Avg (November) 0.0113

2022 Avg (November) 0.0097

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0095	0.0090	0.0092
February	0.0094	0.0090	0.0092
March	0.0095	0.0093	0.0094
April	0.0094	0.0088	0.0093
May	0.0093	0.0090	0.0092
June	0.0093	0.0089	0.0091
July	0.0092	0.0088	0.0090
August	0.0097	0.0090	0.0093
September	0.0109	0.0098	0.0104
October	0.0112	0.0105	0.0109
November	0.0117	0.0109	0.0113
December	0.0115	0.0111	0.0113