2023 HTG to AFN Historical Review

YEARLY HIGH

0.6409 AFN

YEARLY LOW

0.5204 AFN

YEARLY AVERAGE

0.5839 AFN

2023 HTG to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 0.6409. Conversely, the yearly low was recorded on November 18, dropping to 0.5204.

This high-to-low spread represents a total annual volatility of 0.1204 AFN. From a start-to-finish perspective, comparing the January average rate of 0.5986 to the December average rate of 0.5290, the exchange rate registered a net change of -11.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6409 was down 39.66% compared to the 2022 peak of 1.0621, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,204 AFN

2022 Average 3,886 AFN

Yearly Trough Low 2,602 AFN

Transaction Impact: A difference of 602.21 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6391

0.5190

JanuMarcMayJulySeptNove

HTG 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 0.5916, compared to 0.5763 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0153 points.

H1 Avg (Jan–Jun) 0.5916

H2 Avg (Jul–Dec) 0.5763

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0656 AFN (High: 0.6262 / Low: 0.5606). On the other end, December was the most stable month, with a tight range of 0.0122 AFN (High: 0.5356 / Low: 0.5234).

May Spread (Volatile) ±0.0656

December Spread (Stable) ±0.0122

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0440 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0440

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.6291) against the same month in 2022 (average: 0.7649), the exchange rate shifted by -0.1358 (-17.76%).

2023 Avg (July) 0.6291

2022 Avg (July) 0.7649

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6083	0.5922	0.5986
February	0.6036	0.5841	0.5969
March	0.5917	0.5503	0.5706
April	0.5863	0.5464	0.5588
May	0.6262	0.5606	0.6021
June	0.6317	0.6140	0.6226
July	0.6409	0.6172	0.6291
August	0.6344	0.5990	0.6203
September	0.6007	0.5376	0.5763
October	0.5783	0.5526	0.5638
November	0.5616	0.5204	0.5393
December	0.5356	0.5234	0.5290