2023 KGS to AFN Historical Review

YEARLY HIGH

1.0544 AFN

YEARLY LOW

0.7698 AFN

YEARLY AVERAGE

0.9428 AFN

2023 KGS to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KGS to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 1.0544. Conversely, the yearly low was recorded on November 18, dropping to 0.7698.

This high-to-low spread represents a total annual volatility of 0.2846 AFN. From a start-to-finish perspective, comparing the January average rate of 1.0383 to the December average rate of 0.7848, the exchange rate registered a net change of -24.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0544 was down 15.28% compared to the 2022 peak of 1.2445, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,272 AFN

2022 Average 5,357 AFN

Yearly Trough Low 3,849 AFN

Transaction Impact: A difference of 1,422.85 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0636

0.7594

JanuMarcMayJulySeptNove

KGS 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 1.0089, compared to 0.8767 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1322 points.

H1 Avg (Jan–Jun) 1.0089

H2 Avg (Jul–Dec) 0.8767

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0923 AFN (High: 0.9230 / Low: 0.8307). On the other end, December was the most stable month, with a tight range of 0.0187 AFN (High: 0.7944 / Low: 0.7758).

September Spread (Volatile) ±0.0923

December Spread (Stable) ±0.0187

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 0.0781 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0781

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.0383) against the same month in 2022 (average: 1.2330), the exchange rate shifted by -0.1947 (-15.79%).

2023 Avg (January) 1.0383

2022 Avg (January) 1.2330

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0544	1.0252	1.0383
February	1.0498	1.0042	1.0309
March	1.0238	0.9786	1.0022
April	1.0456	0.9742	0.9903
May	1.0176	0.9844	1.0002
June	1.0034	0.9753	0.9915
July	1.0034	0.9714	0.9875
August	0.9869	0.9201	0.9585
September	0.9230	0.8307	0.8804
October	0.8838	0.8209	0.8477
November	0.8341	0.7698	0.8015
December	0.7944	0.7758	0.7848