2023 RON to AFN Historical Review

YEARLY HIGH

20.3401 AFN

YEARLY LOW

15.0025 AFN

YEARLY AVERAGE

18.1004 AFN

2023 RON to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 20.3401. Conversely, the yearly low was recorded on December 11, dropping to 15.0025.

This high-to-low spread represents a total annual volatility of 5.3376 AFN. From a start-to-finish perspective, comparing the January average rate of 19.4551 to the December average rate of 15.3704, the exchange rate registered a net change of -21.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 20.3401 was down 16.52% compared to the 2022 peak of 24.3656, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 101,701 AFN

2022 Average 96,317 AFN

Yearly Trough Low 75,012 AFN

Transaction Impact: A difference of 26,688.22 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

19.9648

14.9527

JanuMarcMayJulySeptNove

RON 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 19.2395, compared to 16.9614 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2781 points.

H1 Avg (Jan–Jun) 19.2395

H2 Avg (Jul–Dec) 16.9614

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 1.9061 AFN (High: 17.7519 / Low: 15.8457). On the other end, March was the most stable month, with a tight range of 0.6383 AFN (High: 19.3242 / Low: 18.6859).

September Spread (Volatile) ±1.9061

March Spread (Stable) ±0.6383

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 1.8771 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -1.8771

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 19.2368) against the same month in 2022 (average: 19.1417), the exchange rate shifted by +0.0951 (+0.50%).

2023 Avg (April) 19.2368

2022 Avg (April) 19.1417

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.9329	18.7825	19.4551
February	20.1727	18.9108	19.5471
March	19.3242	18.6859	19.0407
April	20.3401	18.9428	19.2368
May	19.7270	18.7673	19.2058
June	19.3067	18.5694	18.9516
July	19.8134	18.8450	19.3861
August	19.3338	17.8194	18.6364
September	17.7519	15.8457	16.7592
October	16.5724	15.6773	16.0649
November	16.0277	15.0711	15.5513
December	15.7109	15.0025	15.3704