YEARLY HIGH
0.1267 SVC
YEARLY LOW
0.0957 SVC
YEARLY AVERAGE
0.1065 SVC

2023 AFN to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AFN to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.1267. Conversely, the yearly low was recorded on April 18, dropping to 0.0957.

This high-to-low spread represents a total annual volatility of 0.0311 SVC. From a start-to-finish perspective, comparing the January average rate of 0.0985 to the December average rate of 0.1252, the exchange rate registered a net change of 27.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1267 was up 23.54% compared to the 2022 peak of 0.1026, 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 634 SVC
2022 Average 487 SVC
Yearly Trough Low 478 SVC
Transaction Impact: A difference of 155.30 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1280
0.0949
JanuMarcMayJulySeptNove

AFN to SVC 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 0.0996, compared to 0.1134 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0138 points.

H1 Avg (Jan–Jun) 0.0996
H2 Avg (Jul–Dec) 0.1134

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0118 SVC (High: 0.1192 / Low: 0.1074). On the other end, December was the most stable month, with a tight range of 0.0025 SVC (High: 0.1264 / Low: 0.1239).

September Spread (Volatile) ±0.0118
December Spread (Stable) ±0.0025

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 April and May, when the average rate fell by 0.0009 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.1224) against the same month in 2022 (average: 0.0994), the exchange rate shifted by +0.0230 (+23.09%).

2023 Avg (November) 0.1224
2022 Avg (November) 0.0994

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0998 0.0972 0.0985
February 0.0997 0.0962 0.0976
March 0.1022 0.0978 0.0997
April 0.1027 0.0957 0.1009
May 0.1014 0.0984 0.1000
June 0.1027 0.0999 0.1009
July 0.1024 0.0994 0.1009
August 0.1078 0.1010 0.1037
September 0.1192 0.1074 0.1123
October 0.1192 0.1117 0.1158
November 0.1267 0.1174 0.1224
December 0.1264 0.1239 0.1252