2023 BOB to AFN Historical Review

YEARLY HIGH

13.2371 AFN

YEARLY LOW

9.9920 AFN

YEARLY AVERAGE

11.9783 AFN

2023 BOB to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 13.2371. Conversely, the yearly low was recorded on November 22, dropping to 9.9920.

This high-to-low spread represents a total annual volatility of 3.2451 AFN. From a start-to-finish perspective, comparing the January average rate of 12.8589 to the December average rate of 10.1116, the exchange rate registered a net change of -21.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 13.2371 was down 13.66% compared to the 2022 peak of 15.3309, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 66,186 AFN

2022 Average 65,292 AFN

Yearly Trough Low 49,960 AFN

Transaction Impact: A difference of 16,225.35 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

13.2590

9.8255

JanuMarcMayJulySeptNove

BOB 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 12.7141, compared to 11.2426 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4715 points.

H1 Avg (Jan–Jun) 12.7141

H2 Avg (Jul–Dec) 11.2426

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 1.1693 AFN (High: 11.7884 / Low: 10.6191). On the other end, December was the most stable month, with a tight range of 0.2036 AFN (High: 10.2224 / Low: 10.0188).

September Spread (Volatile) ±1.1693

December Spread (Stable) ±0.2036

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 0.9337 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.9337

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 12.5400) against the same month in 2022 (average: 12.7020), the exchange rate shifted by -0.1619 (-1.27%).

2023 Avg (April) 12.5400

2022 Avg (April) 12.7020

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.0295	12.6860	12.8589
February	13.1614	12.7034	12.9728
March	12.9488	12.3830	12.6965
April	13.2371	12.3362	12.5400
May	12.8633	12.4932	12.6659
June	12.6733	12.3279	12.5504
July	12.7441	12.3680	12.5479
August	12.5319	11.7515	12.2182
September	11.7884	10.6191	11.2846
October	11.3392	10.6179	10.9388
November	10.7836	9.9920	10.3543
December	10.2224	10.0188	10.1116