2023 AFN to NZD Historical Review

YEARLY HIGH

0.0243 NZD

YEARLY LOW

0.0171 NZD

YEARLY AVERAGE

0.0199 NZD

2023 AFN to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AFN to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.0243. Conversely, the yearly low was recorded on February 1, dropping to 0.0171.

This high-to-low spread represents a total annual volatility of 0.0072 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0176 to the December average rate of 0.0230, the exchange rate registered a net change of 30.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0243 was up 16.15% compared to the 2022 peak of 0.0209, 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 121 NZD

2022 Average 88 NZD

Yearly Trough Low 85 NZD

Transaction Impact: A difference of 36.00 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0239

0.0170

JanuMarcMayJulySeptNove

AFN to NZD 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 0.0183, compared to 0.0215 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.0183

H2 Avg (Jul–Dec) 0.0215

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0026 NZD (High: 0.0232 / Low: 0.0206). On the other end, June was the most stable month, with a tight range of 0.0007 NZD (High: 0.0191 / Low: 0.0184).

September Spread (Volatile) ±0.0026

June Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0004 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0233) against the same month in 2022 (average: 0.0187), the exchange rate shifted by +0.0046 (+24.75%).

2023 Avg (November) 0.0233

2022 Avg (November) 0.0187

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0182	0.0172	0.0176
February	0.0185	0.0171	0.0178
March	0.0188	0.0180	0.0184
April	0.0190	0.0176	0.0186
May	0.0190	0.0178	0.0184
June	0.0191	0.0184	0.0188
July	0.0191	0.0180	0.0186
August	0.0206	0.0188	0.0198
September	0.0232	0.0206	0.0217
October	0.0234	0.0215	0.0225
November	0.0243	0.0226	0.0233
December	0.0236	0.0223	0.0230