2023 KRW to AFN Historical Review

YEARLY HIGH

0.0736 AFN

YEARLY LOW

0.0526 AFN

YEARLY AVERAGE

0.0634 AFN

2023 KRW to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KRW to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.0736. Conversely, the yearly low was recorded on December 9, dropping to 0.0526.

This high-to-low spread represents a total annual volatility of 0.0210 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0715 to the December average rate of 0.0538, the exchange rate registered a net change of -24.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0736 was down 17.15% compared to the 2022 peak of 0.0888, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 367,845 AFN

2022 Average 350,058 AFN

Yearly Trough Low 262,930 AFN

Transaction Impact: A difference of 104,915.79 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0733

0.0520

JanuMarcMayJulySeptNove

KRW 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 0.0679, compared to 0.0590 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0088 points.

H1 Avg (Jan–Jun) 0.0679

H2 Avg (Jul–Dec) 0.0590

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0070 AFN (High: 0.0736 / Low: 0.0666). On the other end, December was the most stable month, with a tight range of 0.0021 AFN (High: 0.0547 / Low: 0.0526).

February Spread (Volatile) ±0.0070

December Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0053 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0701) against the same month in 2022 (average: 0.0779), the exchange rate shifted by -0.0078 (-9.98%).

2023 Avg (February) 0.0701

2022 Avg (February) 0.0779

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0725	0.0687	0.0715
February	0.0736	0.0666	0.0701
March	0.0691	0.0654	0.0671
April	0.0695	0.0642	0.0656
May	0.0668	0.0641	0.0659
June	0.0687	0.0652	0.0669
July	0.0689	0.0655	0.0674
August	0.0672	0.0613	0.0638
September	0.0618	0.0549	0.0584
October	0.0579	0.0545	0.0559
November	0.0572	0.0527	0.0547
December	0.0547	0.0526	0.0538