YEARLY HIGH
0.0022 AFN
YEARLY LOW
0.0016 AFN
YEARLY AVERAGE
0.0020 AFN

2023 IRR to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IRR to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 0.0022. Conversely, the yearly low was recorded on November 18, dropping to 0.0016.

This high-to-low spread represents a total annual volatility of 0.0005 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0021 to the December average rate of 0.0017, the exchange rate registered a net change of -21.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0022 was down 13.35% compared to the 2022 peak of 0.0025, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11 AFN
2022 Average 11 AFN
Yearly Trough Low 8 AFN
Transaction Impact: A difference of 2.69 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0022
0.0016
JanuMarcMayJulySeptNove

IRR 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 0.0021, compared to 0.0018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0021
H2 Avg (Jul–Dec) 0.0018

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0002 AFN (High: 0.0019 / Low: 0.0017). On the other end, December was the most stable month, with a tight range of 0.0000 AFN (High: 0.0017 / Low: 0.0016).

September Spread (Volatile) ±0.0002
December Spread (Stable) ±0.0000

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 0.0002 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0021) against the same month in 2022 (average: 0.0021), the exchange rate shifted by -0.0000 (-0.82%).

2023 Avg (April) 0.0021
2022 Avg (April) 0.0021

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0022 0.0021 0.0021
February 0.0022 0.0021 0.0021
March 0.0021 0.0020 0.0021
April 0.0022 0.0020 0.0021
May 0.0021 0.0020 0.0021
June 0.0021 0.0020 0.0021
July 0.0021 0.0020 0.0021
August 0.0020 0.0019 0.0020
September 0.0019 0.0017 0.0018
October 0.0019 0.0017 0.0018
November 0.0018 0.0016 0.0017
December 0.0017 0.0016 0.0017