2023 AFN to LRD Historical Review

YEARLY HIGH

2.7335 LRD

YEARLY LOW

1.7029 LRD

YEARLY AVERAGE

2.1364 LRD

2023 AFN to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AFN to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 2.7335. Conversely, the yearly low was recorded on February 5, dropping to 1.7029.

This high-to-low spread represents a total annual volatility of 1.0307 LRD. From a start-to-finish perspective, comparing the January average rate of 1.7487 to the December average rate of 2.6910, the exchange rate registered a net change of 53.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.7335 was up 51.78% compared to the 2022 peak of 1.8010, 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 13,668 LRD

2022 Average 8,516 LRD

Yearly Trough Low 8,514 LRD

Transaction Impact: A difference of 5,153.26 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.7856

1.6507

JanuMarcMayJulySeptNove

AFN to LRD 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 1.8535, compared to 2.4193 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5659 points.

H1 Avg (Jan–Jun) 1.8535

H2 Avg (Jul–Dec) 2.4193

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.2575 LRD (High: 2.5407 / Low: 2.2832). On the other end, January was the most stable month, with a tight range of 0.0511 LRD (High: 1.7712 / Low: 1.7201).

September Spread (Volatile) ±0.2575

January Spread (Stable) ±0.0511

Growth Streaks & Declines

Trends

Between 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 0.0034 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 2.6301) against the same month in 2022 (average: 1.7502), the exchange rate shifted by +0.8799 (+50.27%).

2023 Avg (November) 2.6301

2022 Avg (November) 1.7502

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7712	1.7201	1.7487
February	1.7977	1.7029	1.7453
March	1.8948	1.7653	1.8206
April	1.9221	1.7820	1.8831
May	1.9305	1.8769	1.9088
June	2.1077	1.9369	2.0143
July	2.1777	2.0583	2.1210
August	2.2904	2.1528	2.2072
September	2.5407	2.2832	2.3920
October	2.5573	2.3820	2.4748
November	2.7335	2.5188	2.6301
December	2.7153	2.6632	2.6910