2023 LRD to AFN Historical Review

YEARLY HIGH

0.5872 AFN

YEARLY LOW

0.3658 AFN

YEARLY AVERAGE

0.4788 AFN

2023 LRD to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.5872. Conversely, the yearly low was recorded on November 18, dropping to 0.3658.

This high-to-low spread represents a total annual volatility of 0.2214 AFN. From a start-to-finish perspective, comparing the January average rate of 0.5719 to the December average rate of 0.3716, the exchange rate registered a net change of -35.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5872 was down 18.43% compared to the 2022 peak of 0.7200, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,936 AFN

2022 Average 2,945 AFN

Yearly Trough Low 1,829 AFN

Transaction Impact: A difference of 1,107.09 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5932

0.3515

JanuMarcMayJulySeptNove

LRD 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 0.5410, compared to 0.4166 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1245 points.

H1 Avg (Jan–Jun) 0.5410

H2 Avg (Jul–Dec) 0.4166

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0444 AFN (High: 0.4380 / Low: 0.3936). On the other end, December was the most stable month, with a tight range of 0.0072 AFN (High: 0.3755 / Low: 0.3683).

September Spread (Volatile) ±0.0444

December Spread (Stable) ±0.0072

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 0.0348 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0348

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.5730) against the same month in 2022 (average: 0.6070), the exchange rate shifted by -0.0339 (-5.59%).

2023 Avg (February) 0.5730

2022 Avg (February) 0.6070

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5814	0.5646	0.5719
February	0.5872	0.5563	0.5730
March	0.5665	0.5278	0.5495
April	0.5612	0.5203	0.5311
May	0.5328	0.5180	0.5239
June	0.5163	0.4744	0.4968
July	0.4858	0.4592	0.4715
August	0.4645	0.4366	0.4531
September	0.4380	0.3936	0.4183
October	0.4198	0.3910	0.4042
November	0.3970	0.3658	0.3805
December	0.3755	0.3683	0.3716