2023 AFN to UAH Historical Review

YEARLY HIGH

0.5443 UAH

YEARLY LOW

0.4018 UAH

YEARLY AVERAGE

0.4479 UAH

2023 AFN to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AFN to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.5443. Conversely, the yearly low was recorded on April 18, dropping to 0.4018.

This high-to-low spread represents a total annual volatility of 0.1424 UAH. From a start-to-finish perspective, comparing the January average rate of 0.4137 to the December average rate of 0.5318, the exchange rate registered a net change of 28.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5443 was up 25.71% compared to the 2022 peak of 0.4330, 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 2,721 UAH

2022 Average 1,822 UAH

Yearly Trough Low 2,009 UAH

Transaction Impact: A difference of 712.23 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5439

0.3984

JanuMarcMayJulySeptNove

AFN to UAH 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 0.4196, compared to 0.4763 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0567 points.

H1 Avg (Jan–Jun) 0.4196

H2 Avg (Jul–Dec) 0.4763

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0501 UAH (High: 0.5035 / Low: 0.4534). On the other end, January was the most stable month, with a tight range of 0.0111 UAH (High: 0.4192 / Low: 0.4081).

September Spread (Volatile) ±0.0501

January Spread (Stable) ±0.0111

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 0.0032 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.5318) against the same month in 2022 (average: 0.4215), the exchange rate shifted by +0.1103 (+26.17%).

2023 Avg (December) 0.5318

2022 Avg (December) 0.4215

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4192	0.4081	0.4137
February	0.4187	0.4041	0.4106
March	0.4316	0.4127	0.4206
April	0.4333	0.4018	0.4250
May	0.4277	0.4155	0.4218
June	0.4336	0.4217	0.4259
July	0.4321	0.4194	0.4253
August	0.4548	0.4265	0.4374
September	0.5035	0.4534	0.4739
October	0.4961	0.4688	0.4834
November	0.5257	0.4846	0.5059
December	0.5443	0.5174	0.5318