2023 BND to AFN Historical Review

YEARLY HIGH

69.0527 AFN

YEARLY LOW

51.1056 AFN

YEARLY AVERAGE

61.6610 AFN

2023 BND to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BND to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 69.0527. Conversely, the yearly low was recorded on November 18, dropping to 51.1056.

This high-to-low spread represents a total annual volatility of 17.9471 AFN. From a start-to-finish perspective, comparing the January average rate of 66.9689 to the December average rate of 52.5058, the exchange rate registered a net change of -21.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 69.0527 was down 11.61% compared to the 2022 peak of 78.1219, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 345,264 AFN

2022 Average 326,649 AFN

Yearly Trough Low 255,528 AFN

Transaction Impact: A difference of 89,735.34 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

68.8025

51.0243

JanuMarcMayJulySeptNove

BND 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 65.7652, compared to 57.5567 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.2085 points.

H1 Avg (Jan–Jun) 65.7652

H2 Avg (Jul–Dec) 57.5567

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 6.4443 AFN (High: 60.3305 / Low: 53.8862). On the other end, December was the most stable month, with a tight range of 1.9815 AFN (High: 53.5377 / Low: 51.5562).

September Spread (Volatile) ±6.4443

December Spread (Stable) ±1.9815

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 5.2927 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -5.2927

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 67.3210) against the same month in 2022 (average: 69.2818), the exchange rate shifted by -1.9609 (-2.83%).

2023 Avg (February) 67.3210

2022 Avg (February) 69.2818

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	68.1964	65.2640	66.9689
February	69.0527	65.0671	67.3210
March	66.4707	64.3693	65.3908
April	68.6676	63.7614	65.1313
May	66.9089	64.3559	65.3454
June	65.5218	62.9510	64.4340
July	66.0860	63.3002	64.9155
August	64.9399	60.0939	62.5164
September	60.3305	53.8862	57.2236
October	57.1169	53.7021	55.1850
November	55.0706	51.1056	52.9938
December	53.5377	51.5562	52.5058