2023 BZD to AFN Historical Review

YEARLY HIGH

45.3729 AFN

YEARLY LOW

34.2541 AFN

YEARLY AVERAGE

41.0711 AFN

2023 BZD to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 45.3729. Conversely, the yearly low was recorded on November 22, dropping to 34.2541.

This high-to-low spread represents a total annual volatility of 11.1188 AFN. From a start-to-finish perspective, comparing the January average rate of 44.0815 to the December average rate of 34.6667, 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 45.3729 was down 13.35% compared to the 2022 peak of 52.3647, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 226,865 AFN

2022 Average 223,281 AFN

Yearly Trough Low 171,271 AFN

Transaction Impact: A difference of 55,593.91 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

45.4528

33.6862

JanuMarcMayJulySeptNove

BZD 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 43.5996, compared to 38.5425 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.0571 points.

H1 Avg (Jan–Jun) 43.5996

H2 Avg (Jul–Dec) 38.5425

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 4.0086 AFN (High: 40.4125 / Low: 36.4040). On the other end, December was the most stable month, with a tight range of 0.6973 AFN (High: 35.0428 / Low: 34.3455).

September Spread (Volatile) ±4.0086

December Spread (Stable) ±0.6973

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 3.2003 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -3.2003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 43.0238) against the same month in 2022 (average: 43.3458), the exchange rate shifted by -0.3219 (-0.74%).

2023 Avg (April) 43.0238

2022 Avg (April) 43.3458

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	44.6664	43.4898	44.0815
February	45.1178	43.5486	44.4722
March	44.3890	42.4540	43.5729
April	45.3729	42.2867	43.0238
May	44.0929	42.8282	43.4231
June	43.4466	42.2614	43.0241
July	43.6900	42.4007	43.0254
August	42.9617	40.2838	41.8843
September	40.4125	36.4040	38.6839
October	38.8747	36.4012	37.4987
November	36.9662	34.2541	35.4959
December	35.0428	34.3455	34.6667