2023 AFN to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 AFN to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the AFN to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 300.2828. Conversely, the yearly low was recorded on February 8, dropping to 185.6509.
This high-to-low spread represents a total annual volatility of 114.6319 LAK. From a start-to-finish perspective, comparing the January average rate of 191.2184 to the December average rate of 295.2902, the exchange rate registered a net change of 54.43% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 300.2828 was up 43.22% compared to the 2022 peak of 209.6591, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AFN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
AFN to LAK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 197.1102, compared to 260.7516 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 63.6414 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was September, with a trading range of 27.7814 LAK (High: 269.5756 / Low: 241.7941). On the other end, May was the most stable month, with a tight range of 5.8220 LAK (High: 203.1610 / Low: 197.3389).
Growth Streaks & Declines
TrendsBetween February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 2.9837 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 289.7441) against the same month in 2022 (average: 195.1590), the exchange rate shifted by +94.5851 (+48.47%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 197.5680 | 187.3555 | 191.2184 |
| February | 192.8568 | 185.6509 | 188.2347 |
| March | 197.8926 | 188.5366 | 192.6482 |
| April | 200.9328 | 188.0392 | 197.9172 |
| May | 203.1610 | 197.3389 | 200.6305 |
| June | 221.9126 | 203.3567 | 212.0124 |
| July | 226.3456 | 214.3429 | 220.5853 |
| August | 241.9421 | 220.7514 | 230.3501 |
| September | 269.5756 | 241.7941 | 255.7631 |
| October | 282.6376 | 259.9357 | 272.7771 |
| November | 300.2828 | 278.5370 | 289.7441 |
| December | 299.3382 | 290.6743 | 295.2902 |