2023 AFN to SRD Historical Review

YEARLY HIGH

0.5551 SRD

YEARLY LOW

0.3518 SRD

YEARLY AVERAGE

0.4467 SRD

2023 AFN to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AFN to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.5551. Conversely, the yearly low was recorded on January 16, dropping to 0.3518.

This high-to-low spread represents a total annual volatility of 0.2033 SRD. From a start-to-finish perspective, comparing the January average rate of 0.3581 to the December average rate of 0.5342, the exchange rate registered a net change of 49.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5551 was up 49.59% compared to the 2022 peak of 0.3711, 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 2,775 SRD

2022 Average 1,354 SRD

Yearly Trough Low 1,759 SRD

Transaction Impact: A difference of 1,016.36 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5518

0.3405

JanuMarcMayJulySeptNove

AFN to SRD 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 0.4009, compared to 0.4925 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0916 points.

H1 Avg (Jan–Jun) 0.4009

H2 Avg (Jul–Dec) 0.4925

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0566 SRD (High: 0.5255 / Low: 0.4689). On the other end, May was the most stable month, with a tight range of 0.0122 SRD (High: 0.4339 / Low: 0.4217).

September Spread (Volatile) ±0.0566

May Spread (Stable) ±0.0122

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.5319) against the same month in 2022 (average: 0.3447), the exchange rate shifted by +0.1872 (+54.32%).

2023 Avg (November) 0.5319

2022 Avg (November) 0.3447

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3646	0.3518	0.3581
February	0.3861	0.3539	0.3660
March	0.4195	0.3745	0.3950
April	0.4338	0.4019	0.4245
May	0.4339	0.4217	0.4269
June	0.4458	0.4265	0.4348
July	0.4514	0.4268	0.4386
August	0.4704	0.4435	0.4534
September	0.5255	0.4689	0.4916
October	0.5183	0.4874	0.5052
November	0.5551	0.5095	0.5319
December	0.5442	0.5192	0.5342