2023 INR to AFN Historical Review

YEARLY HIGH

1.1144 AFN

YEARLY LOW

0.8251 AFN

YEARLY AVERAGE

1.0026 AFN

2023 INR to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the INR to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 1.1144. Conversely, the yearly low was recorded on November 18, dropping to 0.8251.

This high-to-low spread represents a total annual volatility of 0.2893 AFN. From a start-to-finish perspective, comparing the January average rate of 1.0873 to the December average rate of 0.8403, the exchange rate registered a net change of -22.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.1144 was down 22.06% compared to the 2022 peak of 1.4297, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 278,596 AFN

2022 Average 286,932 AFN

Yearly Trough Low 206,266 AFN

Transaction Impact: A difference of 72,329.77 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.1120

0.8156

JanuMarcMayJulySeptNove

INR 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 1.0688, compared to 0.9363 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1325 points.

H1 Avg (Jan–Jun) 1.0688

H2 Avg (Jul–Dec) 0.9363

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.1040 AFN (High: 0.9848 / Low: 0.8807). On the other end, December was the most stable month, with a tight range of 0.0199 AFN (High: 0.8504 / Low: 0.8305).

September Spread (Volatile) ±0.1040

December Spread (Stable) ±0.0199

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 0.0804 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0804

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 1.0571) against the same month in 2022 (average: 1.1481), the exchange rate shifted by -0.0910 (-7.92%).

2023 Avg (April) 1.0571

2022 Avg (April) 1.1481

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1039	1.0607	1.0873
February	1.1005	1.0620	1.0850
March	1.0953	1.0401	1.0654
April	1.1144	1.0355	1.0571
May	1.0821	1.0460	1.0628
June	1.0683	1.0385	1.0552
July	1.0670	1.0349	1.0539
August	1.0526	0.9821	1.0192
September	0.9848	0.8807	0.9387
October	0.9405	0.8807	0.9076
November	0.8944	0.8251	0.8583
December	0.8504	0.8305	0.8403