2023 AFN to SEK Historical Review

YEARLY HIGH

0.1542 SEK

YEARLY LOW

0.1127 SEK

YEARLY AVERAGE

0.1293 SEK

2023 AFN to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AFN to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.1542. Conversely, the yearly low was recorded on April 18, dropping to 0.1127.

This high-to-low spread represents a total annual volatility of 0.0415 SEK. From a start-to-finish perspective, comparing the January average rate of 0.1169 to the December average rate of 0.1465, the exchange rate registered a net change of 25.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1542 was up 16.01% compared to the 2022 peak of 0.1329, 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 771 SEK

2022 Average 565 SEK

Yearly Trough Low 563 SEK

Transaction Impact: A difference of 207.51 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1527

0.1134

JanuMarcMayJulySeptNove

AFN to SEK 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 0.1195, compared to 0.1390 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0195 points.

H1 Avg (Jan–Jun) 0.1195

H2 Avg (Jul–Dec) 0.1390

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0161 SEK (High: 0.1516 / Low: 0.1355). On the other end, February was the most stable month, with a tight range of 0.0044 SEK (High: 0.1183 / Low: 0.1140).

September Spread (Volatile) ±0.0161

February Spread (Stable) ±0.0044

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 0.0030 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.1495) against the same month in 2022 (average: 0.1212), the exchange rate shifted by +0.0282 (+23.29%).

2023 Avg (November) 0.1495

2022 Avg (November) 0.1212

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1206	0.1141	0.1169
February	0.1183	0.1140	0.1166
March	0.1234	0.1168	0.1200
April	0.1217	0.1127	0.1195
May	0.1243	0.1158	0.1198
June	0.1264	0.1216	0.1241
July	0.1275	0.1171	0.1216
August	0.1349	0.1220	0.1284
September	0.1516	0.1355	0.1424
October	0.1521	0.1406	0.1460
November	0.1542	0.1463	0.1495
December	0.1514	0.1420	0.1465