2023 FJD to AFN Historical Review

YEARLY HIGH

41.6335 AFN

YEARLY LOW

30.0236 AFN

YEARLY AVERAGE

37.1433 AFN

2023 FJD to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 41.6335. Conversely, the yearly low was recorded on November 18, dropping to 30.0236.

This high-to-low spread represents a total annual volatility of 11.6098 AFN. From a start-to-finish perspective, comparing the January average rate of 40.7994 to the December average rate of 31.5778, the exchange rate registered a net change of -22.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 41.6335 was down 16.47% compared to the 2022 peak of 49.8441, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 208,167 AFN

2022 Average 205,875 AFN

Yearly Trough Low 150,118 AFN

Transaction Impact: A difference of 58,049.15 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

41.7957

30.6488

JanuMarcMayJulySeptNove

FJD 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 39.7659, compared to 34.5207 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.2452 points.

H1 Avg (Jan–Jun) 39.7659

H2 Avg (Jul–Dec) 34.5207

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 3.8131 AFN (High: 36.0465 / Low: 32.2334). On the other end, December was the most stable month, with a tight range of 1.2967 AFN (High: 32.2423 / Low: 30.9456).

September Spread (Volatile) ±3.8131

December Spread (Stable) ±1.2967

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 3.0958 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -3.0958

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 40.8668) against the same month in 2022 (average: 43.6758), the exchange rate shifted by -2.8089 (-6.43%).

2023 Avg (February) 40.8668

2022 Avg (February) 43.6758

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	41.5331	39.5444	40.7994
February	41.6335	39.6048	40.8668
March	40.4428	38.6507	39.4998
April	41.4759	38.1715	39.1465
May	40.2368	38.6406	39.3239
June	39.7944	38.2559	38.9592
July	39.9464	38.1099	39.0579
August	39.0536	36.0389	37.4243
September	36.0465	32.2334	34.3285
October	34.4402	32.1493	33.1085
November	32.9030	30.0236	31.6272
December	32.2423	30.9456	31.5778