2023 DJF to AFN Historical Review

YEARLY HIGH

0.5135 AFN

YEARLY LOW

0.3879 AFN

YEARLY AVERAGE

0.4653 AFN

2023 DJF to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 0.5135. Conversely, the yearly low was recorded on November 18, dropping to 0.3879.

This high-to-low spread represents a total annual volatility of 0.1257 AFN. From a start-to-finish perspective, comparing the January average rate of 0.4999 to the December average rate of 0.3928, the exchange rate registered a net change of -21.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5135 was down 13.39% compared to the 2022 peak of 0.5929, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,568 AFN

2022 Average 2,528 AFN

Yearly Trough Low 1,939 AFN

Transaction Impact: A difference of 628.42 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5148

0.3817

JanuMarcMayJulySeptNove

DJF 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 0.4939, compared to 0.4366 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0573 points.

H1 Avg (Jan–Jun) 0.4939

H2 Avg (Jul–Dec) 0.4366

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0463 AFN (High: 0.4581 / Low: 0.4118). On the other end, December was the most stable month, with a tight range of 0.0090 AFN (High: 0.3972 / Low: 0.3883).

September Spread (Volatile) ±0.0463

December Spread (Stable) ±0.0090

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 0.0366 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0366

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.4877) against the same month in 2022 (average: 0.4903), the exchange rate shifted by -0.0026 (-0.53%).

2023 Avg (April) 0.4877

2022 Avg (April) 0.4903

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5063	0.4933	0.4999
February	0.5114	0.4936	0.5037
March	0.5033	0.4810	0.4932
April	0.5135	0.4795	0.4877
May	0.5001	0.4844	0.4919
June	0.4920	0.4792	0.4872
July	0.4946	0.4800	0.4876
August	0.4865	0.4567	0.4746
September	0.4581	0.4118	0.4379
October	0.4408	0.4118	0.4247
November	0.4189	0.3879	0.4023
December	0.3972	0.3883	0.3928