2023 SBD to AFN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 SBD to AFN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the SBD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 7, valuing the pair at 11.0807. Conversely, the yearly low was recorded on November 25, dropping to 8.1472.
This high-to-low spread represents a total annual volatility of 2.9335 AFN. From a start-to-finish perspective, comparing the January average rate of 10.7515 to the December average rate of 8.2709, the exchange rate registered a net change of -23.07% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 11.0807 was down 15.23% compared to the 2022 peak of 13.0710, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SBD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
SBD to AFN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 10.6072, compared to 9.2372 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3700 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was September, with a trading range of 1.0479 AFN (High: 9.7333 / Low: 8.6855). On the other end, December was the most stable month, with a tight range of 0.2243 AFN (High: 8.3993 / Low: 8.1749).
Growth Streaks & Declines
TrendsNo 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 0.8074 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2023: 10.8889) against the same month in 2022 (average: 11.5320), the exchange rate shifted by -0.6430 (-5.58%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.8607 | 10.6094 | 10.7515 |
| February | 11.0807 | 10.6624 | 10.8889 |
| March | 10.8265 | 10.3489 | 10.6460 |
| April | 11.0698 | 10.3150 | 10.4478 |
| May | 10.6601 | 10.3801 | 10.5067 |
| June | 10.5032 | 10.2269 | 10.4022 |
| July | 10.5032 | 10.1789 | 10.3549 |
| August | 10.3519 | 9.7026 | 10.0883 |
| September | 9.7333 | 8.6855 | 9.2808 |
| October | 9.3363 | 8.6943 | 8.9567 |
| November | 8.8630 | 8.1472 | 8.4714 |
| December | 8.3993 | 8.1749 | 8.2709 |