2023 ARS to AFN Historical Review

YEARLY HIGH

0.5008 AFN

YEARLY LOW

0.0865 AFN

YEARLY AVERAGE

0.3234 AFN

2023 ARS to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ARS to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.5008. Conversely, the yearly low was recorded on December 20, dropping to 0.0865.

This high-to-low spread represents a total annual volatility of 0.4142 AFN. From a start-to-finish perspective, comparing the January average rate of 0.4882 to the December average rate of 0.1279, the exchange rate registered a net change of -73.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5008 was down 50.92% compared to the 2022 peak of 1.0202, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ARS based on timing:

Yearly Peak High 2,504 AFN

2022 Average 3,552 AFN

Yearly Trough Low 433 AFN

Transaction Impact: A difference of 2,071.19 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5242

0.0919

JanuMarcMayJulySeptNove

ARS to AFN 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 0.4200, compared to 0.2268 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1932 points.

H1 Avg (Jan–Jun) 0.4200

H2 Avg (Jul–Dec) 0.2268

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.1088 AFN (High: 0.1953 / Low: 0.0865). On the other end, October was the most stable month, with a tight range of 0.0145 AFN (High: 0.2240 / Low: 0.2095).

December Spread (Volatile) ±0.1088

October Spread (Stable) ±0.0145

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0745 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0745

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.4882) against the same month in 2022 (average: 1.0064), the exchange rate shifted by -0.5182 (-51.49%).

2023 Avg (January) 0.4882

2022 Avg (January) 1.0064

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5008	0.4756	0.4882
February	0.4829	0.4460	0.4676
March	0.4521	0.4107	0.4328
April	0.4218	0.3882	0.4027
May	0.3913	0.3660	0.3793
June	0.3640	0.3347	0.3496
July	0.3432	0.3117	0.3262
August	0.3137	0.2320	0.2658
September	0.2330	0.2095	0.2228
October	0.2240	0.2095	0.2158
November	0.2130	0.1923	0.2024
December	0.1953	0.0865	0.1279