YEARLY HIGH
0.0393 XCD
YEARLY LOW
0.0295 XCD
YEARLY AVERAGE
0.0329 XCD

2023 AFN to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AFN to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.0393. Conversely, the yearly low was recorded on April 18, dropping to 0.0295.

This high-to-low spread represents a total annual volatility of 0.0098 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0304 to the December average rate of 0.0386, the exchange rate registered a net change of 27.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0393 was up 24.15% compared to the 2022 peak of 0.0317, 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 197 XCD
2022 Average 151 XCD
Yearly Trough Low 148 XCD
Transaction Impact: A difference of 48.95 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0395
0.0293
JanuMarcMayJulySeptNove

AFN to XCD 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 0.0308, compared to 0.0350 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 0.0308
H2 Avg (Jul–Dec) 0.0350

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0037 XCD (High: 0.0369 / Low: 0.0332). On the other end, January was the most stable month, with a tight range of 0.0008 XCD (High: 0.0308 / Low: 0.0300).

September Spread (Volatile) ±0.0037
January Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0003 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0378) against the same month in 2022 (average: 0.0307), the exchange rate shifted by +0.0071 (+23.11%).

2023 Avg (November) 0.0378
2022 Avg (November) 0.0307

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0308 0.0300 0.0304
February 0.0308 0.0297 0.0301
March 0.0316 0.0302 0.0309
April 0.0317 0.0295 0.0312
May 0.0314 0.0304 0.0309
June 0.0317 0.0309 0.0312
July 0.0317 0.0308 0.0312
August 0.0333 0.0312 0.0320
September 0.0369 0.0332 0.0347
October 0.0369 0.0345 0.0358
November 0.0393 0.0363 0.0378
December 0.0390 0.0382 0.0386