YEARLY HIGH
22.0043 AFN
YEARLY LOW
17.1031 AFN
YEARLY AVERAGE
19.7017 AFN

2023 PLN to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 22.0043. Conversely, the yearly low was recorded on November 18, dropping to 17.1031.

This high-to-low spread represents a total annual volatility of 4.9012 AFN. From a start-to-finish perspective, comparing the January average rate of 20.5021 to the December average rate of 17.6383, the exchange rate registered a net change of -13.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 22.0043 was down 17.37% compared to the 2022 peak of 26.6288, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 440,086 AFN
2022 Average 406,139 AFN
Yearly Trough Low 342,063 AFN
Transaction Impact: A difference of 98,023.15 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

21.9541
17.1623
JanuMarcMayJulySeptNove

PLN 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 20.5367, compared to 18.8667 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6700 points.

H1 Avg (Jan–Jun) 20.5367
H2 Avg (Jul–Dec) 18.8667

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 2.4415 AFN (High: 19.6489 / Low: 17.2074). On the other end, October was the most stable month, with a tight range of 0.7161 AFN (High: 18.0573 / Low: 17.3412).

September Spread (Volatile) ±2.4415
October Spread (Stable) ±0.7161

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 2.5666 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -2.5666

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 21.5548) against the same month in 2022 (average: 19.0011), the exchange rate shifted by +2.5537 (+13.44%).

2023 Avg (July) 21.5548
2022 Avg (July) 19.0011

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.4891 19.8218 20.5021
February 21.0563 19.7520 20.2264
March 20.3185 19.5627 19.9943
April 21.7213 20.0153 20.4773
May 21.3989 20.5227 20.9376
June 21.5301 20.7321 21.0824
July 22.0043 20.8903 21.5548
August 21.4301 19.6842 20.6600
September 19.6489 17.2074 18.0935
October 18.0573 17.3412 17.6921
November 17.9776 17.1031 17.5616
December 18.0075 17.2028 17.6383