YEARLY HIGH
45.7500 AFN
YEARLY LOW
34.3605 AFN
YEARLY AVERAGE
41.3709 AFN

2023 BBD to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 45.7500. Conversely, the yearly low was recorded on November 18, dropping to 34.3605.

This high-to-low spread represents a total annual volatility of 11.3895 AFN. From a start-to-finish perspective, comparing the January average rate of 44.4278 to the December average rate of 34.9752, the exchange rate registered a net change of -21.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 45.7500 was down 13.30% compared to the 2022 peak of 52.7679, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 228,750 AFN
2022 Average 225,016 AFN
Yearly Trough Low 171,803 AFN
Transaction Impact: A difference of 56,947.25 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

45.8116
33.9900
JanuMarcMayJulySeptNove

BBD 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 43.9125, compared to 38.8294 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.0831 points.

H1 Avg (Jan–Jun) 43.9125
H2 Avg (Jul–Dec) 38.8294

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 4.0686 AFN (High: 40.7317 / Low: 36.6631). On the other end, December was the most stable month, with a tight range of 0.7399 AFN (High: 35.3851 / Low: 34.6452).

September Spread (Volatile) ±4.0686
December Spread (Stable) ±0.7399

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 August and September, when the average rate fell by 3.2342 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -3.2342

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 43.3175) against the same month in 2022 (average: 43.7399), the exchange rate shifted by -0.4224 (-0.97%).

2023 Avg (April) 43.3175
2022 Avg (April) 43.7399

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 45.0187 43.8426 44.4278
February 45.4518 43.8900 44.8265
March 44.7500 42.7757 43.8057
April 45.7500 42.6318 43.3175
May 44.4224 43.0775 43.7426
June 43.7561 42.5816 43.3546
July 43.8588 42.5678 43.3117
August 43.3163 40.6032 42.2128
September 40.7317 36.6631 38.9786
October 39.2007 36.6598 37.7661
November 37.2500 34.3605 35.7319
December 35.3851 34.6452 34.9752