2023 BRL to AFN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BRL to AFN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BRL to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 27, valuing the pair at 18.4937. Conversely, the yearly low was recorded on November 18, dropping to 14.0078.
This high-to-low spread represents a total annual volatility of 4.4859 AFN. From a start-to-finish perspective, comparing the January average rate of 17.1347 to the December average rate of 14.2855, the exchange rate registered a net change of -16.63% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 18.4937 was down 4.56% compared to the 2022 peak of 19.3778, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 BRL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BRL to AFN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 17.3316, compared to 15.8016 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5299 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was September, with a trading range of 1.7353 AFN (High: 16.4639 / Low: 14.7286). On the other end, December was the most stable month, with a tight range of 0.5760 AFN (High: 14.5844 / Low: 14.0084).
Growth Streaks & Declines
TrendsBetween March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 1.4379 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 18.0540) against the same month in 2022 (average: 16.5632), the exchange rate shifted by +1.4908 (+9.00%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 17.6360 | 16.0310 | 17.1347 |
| February | 17.7901 | 16.8766 | 17.3105 |
| March | 17.2255 | 16.3350 | 16.8140 |
| April | 18.3521 | 16.7967 | 17.2775 |
| May | 18.0176 | 17.2676 | 17.5811 |
| June | 18.2680 | 17.3822 | 17.8715 |
| July | 18.4937 | 17.5695 | 18.0540 |
| August | 18.0729 | 16.3874 | 17.2030 |
| September | 16.4639 | 14.7286 | 15.7650 |
| October | 15.4858 | 14.5265 | 14.9203 |
| November | 15.2072 | 14.0078 | 14.5819 |
| December | 14.5844 | 14.0084 | 14.2855 |