2023 CDF to AFN Historical Review

YEARLY HIGH

0.0443 AFN

YEARLY LOW

0.0249 AFN

YEARLY AVERAGE

0.0360 AFN

2023 CDF to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 0.0443. Conversely, the yearly low was recorded on December 20, dropping to 0.0249.

This high-to-low spread represents a total annual volatility of 0.0194 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0434 to the December average rate of 0.0257, the exchange rate registered a net change of -40.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0443 was down 15.84% compared to the 2022 peak of 0.0526, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 221 AFN

2022 Average 223 AFN

Yearly Trough Low 125 AFN

Transaction Impact: A difference of 96.79 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0452

0.0239

JanuMarcMayJulySeptNove

CDF 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 0.0413, compared to 0.0307 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0106 points.

H1 Avg (Jan–Jun) 0.0413

H2 Avg (Jul–Dec) 0.0307

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0062 AFN (High: 0.0434 / Low: 0.0372). On the other end, January was the most stable month, with a tight range of 0.0009 AFN (High: 0.0438 / Low: 0.0429).

May Spread (Volatile) ±0.0062

January Spread (Stable) ±0.0009

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 May and June, when the average rate fell by 0.0034 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0416) against the same month in 2022 (average: 0.0436), the exchange rate shifted by -0.0019 (-4.38%).

2023 Avg (April) 0.0416

2022 Avg (April) 0.0436

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0438	0.0429	0.0434
February	0.0443	0.0426	0.0435
March	0.0438	0.0414	0.0424
April	0.0443	0.0395	0.0416
May	0.0434	0.0372	0.0401
June	0.0376	0.0357	0.0367
July	0.0363	0.0341	0.0351
August	0.0355	0.0327	0.0341
September	0.0328	0.0293	0.0314
October	0.0316	0.0287	0.0300
November	0.0297	0.0255	0.0281
December	0.0264	0.0249	0.0257