2023 JPY to AFN Historical Review

YEARLY HIGH

0.7016 AFN

YEARLY LOW

0.4596 AFN

YEARLY AVERAGE

0.5921 AFN

2023 JPY to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.7016. Conversely, the yearly low was recorded on November 18, dropping to 0.4596.

This high-to-low spread represents a total annual volatility of 0.2420 AFN. From a start-to-finish perspective, comparing the January average rate of 0.6827 to the December average rate of 0.4870, the exchange rate registered a net change of -28.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7016 was down 24.11% compared to the 2022 peak of 0.9244, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 350,783 AFN

2022 Average 345,603 AFN

Yearly Trough Low 229,783 AFN

Transaction Impact: A difference of 121,000.04 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7033

0.4564

JanuMarcMayJulySeptNove

JPY 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 0.6520, compared to 0.5322 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1198 points.

H1 Avg (Jan–Jun) 0.6520

H2 Avg (Jul–Dec) 0.5322

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0608 AFN (High: 0.5572 / Low: 0.4964). On the other end, March was the most stable month, with a tight range of 0.0213 AFN (High: 0.6653 / Low: 0.6440).

September Spread (Volatile) ±0.0608

March Spread (Stable) ±0.0213

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 0.0557 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0557

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.6827) against the same month in 2022 (average: 0.9104), the exchange rate shifted by -0.2277 (-25.01%).

2023 Avg (January) 0.6827

2022 Avg (January) 0.9104

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7016	0.6630	0.6827
February	0.6992	0.6439	0.6733
March	0.6653	0.6440	0.6559
April	0.6826	0.6303	0.6487
May	0.6606	0.6185	0.6376
June	0.6282	0.5936	0.6137
July	0.6317	0.5919	0.6138
August	0.6066	0.5582	0.5832
September	0.5572	0.4964	0.5274
October	0.5231	0.4918	0.5051
November	0.4953	0.4596	0.4770
December	0.5018	0.4729	0.4870