2023 AFN to RUB Historical Review

YEARLY HIGH

1.3435 RUB

YEARLY LOW

0.7417 RUB

YEARLY AVERAGE

1.0466 RUB

2023 AFN to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AFN to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 1.3435. Conversely, the yearly low was recorded on January 15, dropping to 0.7417.

This high-to-low spread represents a total annual volatility of 0.6018 RUB. From a start-to-finish perspective, comparing the January average rate of 0.7875 to the December average rate of 1.3019, the exchange rate registered a net change of 65.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.3435 was down 15.97% compared to the 2022 peak of 1.5989, 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 6,717 RUB

2022 Average 3,885 RUB

Yearly Trough Low 3,708 RUB

Transaction Impact: A difference of 3,009.01 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.3533

0.7361

JanuMarcMayJulySeptNove

AFN to RUB 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 0.8802, compared to 1.2130 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3328 points.

H1 Avg (Jan–Jun) 0.8802

H2 Avg (Jul–Dec) 1.2130

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.1504 RUB (High: 1.3338 / Low: 1.1834). On the other end, March was the most stable month, with a tight range of 0.0616 RUB (High: 0.9040 / Low: 0.8425).

September Spread (Volatile) ±0.1504

March Spread (Stable) ±0.0616

Growth Streaks & Declines

Trends

Between May and October, 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 April and May, when the average rate fell by 0.0302 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0302

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 1.2849) against the same month in 2022 (average: 0.7115), the exchange rate shifted by +0.5734 (+80.59%).

2023 Avg (October) 1.2849

2022 Avg (October) 0.7115

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8390	0.7417	0.7875
February	0.8556	0.7777	0.8203
March	0.9040	0.8425	0.8717
April	0.9582	0.8936	0.9350
May	0.9364	0.8644	0.9049
June	1.0152	0.9233	0.9620
July	1.0813	1.0051	1.0461
August	1.1886	1.0667	1.1354
September	1.3338	1.1834	1.2418
October	1.3435	1.2455	1.2849
November	1.3098	1.2359	1.2679
December	1.3332	1.2586	1.3019