2023 IDR to AFN Historical Review

YEARLY HIGH

0.0061 AFN

YEARLY LOW

0.0044 AFN

YEARLY AVERAGE

0.0054 AFN

2023 IDR to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IDR to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 0.0061. Conversely, the yearly low was recorded on November 22, dropping to 0.0044.

This high-to-low spread represents a total annual volatility of 0.0017 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0058 to the December average rate of 0.0045, the exchange rate registered a net change of -22.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0061 was down 16.89% compared to the 2022 peak of 0.0074, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 61,406 AFN

2022 Average 60,716 AFN

Yearly Trough Low 44,077 AFN

Transaction Impact: A difference of 17,328.89 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0061

0.0044

JanuMarcMayJulySeptNove

IDR 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 0.0058, compared to 0.0050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0058

H2 Avg (Jul–Dec) 0.0050

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0006 AFN (High: 0.0053 / Low: 0.0048). On the other end, December was the most stable month, with a tight range of 0.0002 AFN (High: 0.0046 / Low: 0.0044).

September Spread (Volatile) ±0.0006

December Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0058) against the same month in 2022 (average: 0.0061), the exchange rate shifted by -0.0003 (-4.13%).

2023 Avg (April) 0.0058

2022 Avg (April) 0.0061

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0060	0.0056	0.0058
February	0.0060	0.0058	0.0059
March	0.0059	0.0056	0.0057
April	0.0061	0.0057	0.0058
May	0.0060	0.0058	0.0059
June	0.0059	0.0057	0.0058
July	0.0058	0.0056	0.0058
August	0.0057	0.0053	0.0055
September	0.0053	0.0048	0.0051
October	0.0050	0.0046	0.0048
November	0.0048	0.0044	0.0046
December	0.0046	0.0044	0.0045