2023 CRC to AFN Historical Review

YEARLY HIGH

0.1711 AFN

YEARLY LOW

0.1299 AFN

YEARLY AVERAGE

0.1526 AFN

2023 CRC to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 0.1711. Conversely, the yearly low was recorded on November 18, dropping to 0.1299.

This high-to-low spread represents a total annual volatility of 0.0411 AFN. From a start-to-finish perspective, comparing the January average rate of 0.1547 to the December average rate of 0.1332, the exchange rate registered a net change of -13.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1711 was up 3.04% compared to the 2022 peak of 0.1660, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 855 AFN

2022 Average 699 AFN

Yearly Trough Low 650 AFN

Transaction Impact: A difference of 205.64 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1657

0.1302

JanuMarcMayJulySeptNove

CRC 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 0.1598, compared to 0.1455 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0144 points.

H1 Avg (Jan–Jun) 0.1598

H2 Avg (Jul–Dec) 0.1455

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0150 AFN (High: 0.1511 / Low: 0.1361). On the other end, March was the most stable month, with a tight range of 0.0038 AFN (High: 0.1622 / Low: 0.1584).

September Spread (Volatile) ±0.0150

March Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between January and May, 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 0.0113 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0113

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.1618) against the same month in 2022 (average: 0.1331), the exchange rate shifted by +0.0287 (+21.57%).

2023 Avg (April) 0.1618

2022 Avg (April) 0.1331

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1610	0.1483	0.1547
February	0.1631	0.1546	0.1587
March	0.1622	0.1584	0.1606
April	0.1711	0.1595	0.1618
May	0.1657	0.1600	0.1628
June	0.1627	0.1573	0.1606
July	0.1638	0.1575	0.1604
August	0.1617	0.1506	0.1569
September	0.1511	0.1361	0.1456
October	0.1466	0.1382	0.1420
November	0.1403	0.1299	0.1347
December	0.1360	0.1312	0.1332