YEARLY HIGH
0.2076 AFN
YEARLY LOW
0.1488 AFN
YEARLY AVERAGE
0.1816 AFN

2023 KZT to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KZT to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 5, valuing the pair at 0.2076. Conversely, the yearly low was recorded on November 18, dropping to 0.1488.

This high-to-low spread represents a total annual volatility of 0.0587 AFN. From a start-to-finish perspective, comparing the January average rate of 0.1921 to the December average rate of 0.1523, the exchange rate registered a net change of -20.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2076 was down 14.39% compared to the 2022 peak of 0.2424, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,038 AFN
2022 Average 978 AFN
Yearly Trough Low 744 AFN
Transaction Impact: A difference of 293.61 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2032
0.1477
JanuMarcMayJulySeptNove

KZT 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 0.1944, compared to 0.1688 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0256 points.

H1 Avg (Jan–Jun) 0.1944
H2 Avg (Jul–Dec) 0.1688

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0204 AFN (High: 0.2076 / Low: 0.1871). On the other end, December was the most stable month, with a tight range of 0.0041 AFN (High: 0.1546 / Low: 0.1505).

March Spread (Volatile) ±0.0204
December Spread (Stable) ±0.0041

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 0.0200 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0200

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1943) against the same month in 2022 (average: 0.1762), the exchange rate shifted by +0.0180 (+10.24%).

2023 Avg (March) 0.1943
2022 Avg (March) 0.1762

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1948 0.1883 0.1921
February 0.2012 0.1953 0.1986
March 0.2076 0.1871 0.1943
April 0.2024 0.1863 0.1919
May 0.1999 0.1911 0.1961
June 0.1960 0.1892 0.1933
July 0.1972 0.1911 0.1946
August 0.1948 0.1760 0.1864
September 0.1780 0.1581 0.1664
October 0.1642 0.1555 0.1585
November 0.1602 0.1488 0.1543
December 0.1546 0.1505 0.1523