YEARLY HIGH
13.0964 KPW
YEARLY LOW
9.8361 KPW
YEARLY AVERAGE
10.9579 KPW

2023 AFN to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AFN to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 13.0964. Conversely, the yearly low was recorded on April 18, dropping to 9.8361.

This high-to-low spread represents a total annual volatility of 3.2603 KPW. From a start-to-finish perspective, comparing the January average rate of 10.1292 to the December average rate of 12.8667, the exchange rate registered a net change of 27.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 13.0964 was up 24.15% compared to the 2022 peak of 10.5491, 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 65,482 KPW
2022 Average 50,123 KPW
Yearly Trough Low 49,180 KPW
Transaction Impact: A difference of 16,301.75 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

13.1495
9.7567
JanuMarcMayJulySeptNove

AFN to KPW 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 10.2501, compared to 11.6656 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4155 points.

H1 Avg (Jan–Jun) 10.2501
H2 Avg (Jul–Dec) 11.6656

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 1.2260 KPW (High: 12.2739 / Low: 11.0479). On the other end, January was the most stable month, with a tight range of 0.2682 KPW (High: 10.2640 / Low: 9.9958).

September Spread (Volatile) ±1.2260
January Spread (Stable) ±0.2682

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1019 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.1019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 12.6035) against the same month in 2022 (average: 10.2374), the exchange rate shifted by +2.3661 (+23.11%).

2023 Avg (November) 12.6035
2022 Avg (November) 10.2374

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.2640 9.9958 10.1292
February 10.2529 9.9006 10.0394
March 10.5200 10.0559 10.2742
April 10.5555 9.8361 10.3897
May 10.4463 10.1300 10.2878
June 10.5679 10.2843 10.3803
July 10.5714 10.2602 10.3905
August 11.0829 10.3887 10.6622
September 12.2739 11.0479 11.5528
October 12.2750 11.4794 11.9179
November 13.0964 12.0805 12.6035
December 12.9888 12.7172 12.8667