2023 AFN to NAD Historical Review

YEARLY HIGH

0.2754 NAD

YEARLY LOW

0.1868 NAD

YEARLY AVERAGE

0.2255 NAD

2023 AFN to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AFN to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 0.2754. Conversely, the yearly low was recorded on January 16, dropping to 0.1868.

This high-to-low spread represents a total annual volatility of 0.0885 NAD. From a start-to-finish perspective, comparing the January average rate of 0.1922 to the December average rate of 0.2671, the exchange rate registered a net change of 38.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2754 was up 27.74% compared to the 2022 peak of 0.2156, 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 1,377 NAD

2022 Average 909 NAD

Yearly Trough Low 934 NAD

Transaction Impact: A difference of 442.70 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2746

0.1847

JanuMarcMayJulySeptNove

AFN to NAD 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 0.2074, compared to 0.2437 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0363 points.

H1 Avg (Jan–Jun) 0.2074

H2 Avg (Jul–Dec) 0.2437

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0308 NAD (High: 0.2621 / Low: 0.2313). On the other end, January was the most stable month, with a tight range of 0.0077 NAD (High: 0.1945 / Low: 0.1868).

September Spread (Volatile) ±0.0308

January Spread (Stable) ±0.0077

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 0.0054 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.2671) against the same month in 2022 (average: 0.1972), the exchange rate shifted by +0.0700 (+35.49%).

2023 Avg (December) 0.2671

2022 Avg (December) 0.1972

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1945	0.1868	0.1922
February	0.2098	0.1884	0.1995
March	0.2136	0.2030	0.2087
April	0.2145	0.1988	0.2098
May	0.2265	0.2080	0.2182
June	0.2262	0.2078	0.2160
July	0.2203	0.2012	0.2107
August	0.2337	0.2110	0.2233
September	0.2621	0.2313	0.2436
October	0.2711	0.2433	0.2550
November	0.2753	0.2502	0.2625
December	0.2754	0.2597	0.2671