YEARLY HIGH
0.0600 AFN
YEARLY LOW
0.0046 AFN
YEARLY AVERAGE
0.0107 AFN

2023 LBP to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.0600. Conversely, the yearly low was recorded on November 22, dropping to 0.0046.

This high-to-low spread represents a total annual volatility of 0.0554 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0586 to the December average rate of 0.0046, the exchange rate registered a net change of -92.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0600 was down 14.11% compared to the 2022 peak of 0.0698, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 300 AFN
2022 Average 297 AFN
Yearly Trough Low 23 AFN
Transaction Impact: A difference of 276.97 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0640
-0.0007
JanuMarcMayJulySeptNove

LBP 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 0.0162, compared to 0.0052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0110 points.

H1 Avg (Jan–Jun) 0.0162
H2 Avg (Jul–Dec) 0.0052

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0541 AFN (High: 0.0600 / Low: 0.0058). On the other end, December was the most stable month, with a tight range of 0.0001 AFN (High: 0.0047 / Low: 0.0046).

February Spread (Volatile) ±0.0541
December Spread (Stable) ±0.0001

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 January and February, when the average rate fell by 0.0431 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0431

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0155) against the same month in 2022 (average: 0.0616), the exchange rate shifted by -0.0461 (-74.83%).

2023 Avg (February) 0.0155
2022 Avg (February) 0.0616

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0595 0.0575 0.0586
February 0.0600 0.0058 0.0155
March 0.0059 0.0056 0.0058
April 0.0061 0.0056 0.0057
May 0.0059 0.0057 0.0058
June 0.0058 0.0056 0.0057
July 0.0059 0.0056 0.0057
August 0.0057 0.0054 0.0056
September 0.0054 0.0048 0.0052
October 0.0052 0.0049 0.0050
November 0.0050 0.0046 0.0048
December 0.0047 0.0046 0.0046