2023 IQD to AFN Historical Review

YEARLY HIGH

0.0678 AFN

YEARLY LOW

0.0527 AFN

YEARLY AVERAGE

0.0609 AFN

2023 IQD to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 11, valuing the pair at 0.0678. Conversely, the yearly low was recorded on November 18, dropping to 0.0527.

This high-to-low spread represents a total annual volatility of 0.0151 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0609 to the December average rate of 0.0534, the exchange rate registered a net change of -12.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0678 was down 6.17% compared to the 2022 peak of 0.0723, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 339 AFN

2022 Average 308 AFN

Yearly Trough Low 264 AFN

Transaction Impact: A difference of 75.61 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0677

0.0521

JanuMarcMayJulySeptNove

IQD 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 0.0625, compared to 0.0593 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.0625

H2 Avg (Jul–Dec) 0.0593

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0088 AFN (High: 0.0678 / Low: 0.0590). On the other end, December was the most stable month, with a tight range of 0.0011 AFN (High: 0.0540 / Low: 0.0529).

May Spread (Volatile) ±0.0088

December Spread (Stable) ±0.0011

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 0.0049 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0664) against the same month in 2022 (average: 0.0604), the exchange rate shifted by +0.0060 (+9.92%).

2023 Avg (May) 0.0664

2022 Avg (May) 0.0604

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0617	0.0601	0.0609
February	0.0623	0.0601	0.0614
March	0.0613	0.0586	0.0601
April	0.0654	0.0588	0.0597
May	0.0678	0.0590	0.0664
June	0.0668	0.0650	0.0662
July	0.0672	0.0652	0.0662
August	0.0661	0.0620	0.0645
September	0.0622	0.0560	0.0595
October	0.0598	0.0560	0.0577
November	0.0569	0.0527	0.0546
December	0.0540	0.0529	0.0534