YEARLY HIGH
0.1608 AFN
YEARLY LOW
0.1208 AFN
YEARLY AVERAGE
0.1454 AFN

2023 SOS to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SOS to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 0.1608. Conversely, the yearly low was recorded on November 22, dropping to 0.1208.

This high-to-low spread represents a total annual volatility of 0.0400 AFN. From a start-to-finish perspective, comparing the January average rate of 0.1562 to the December average rate of 0.1223, the exchange rate registered a net change of -21.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1608 was down 11.83% compared to the 2022 peak of 0.1824, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 804 AFN
2022 Average 782 AFN
Yearly Trough Low 604 AFN
Transaction Impact: A difference of 199.93 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1612
0.1188
JanuMarcMayJulySeptNove

SOS 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 0.1545, compared to 0.1362 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0183 points.

H1 Avg (Jan–Jun) 0.1545
H2 Avg (Jul–Dec) 0.1362

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0143 AFN (High: 0.1430 / Low: 0.1288). On the other end, December was the most stable month, with a tight range of 0.0026 AFN (High: 0.1237 / Low: 0.1211).

September Spread (Volatile) ±0.0143
December Spread (Stable) ±0.0026

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 0.0116 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0116

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.1525) against the same month in 2022 (average: 0.1509), the exchange rate shifted by +0.0016 (+1.05%).

2023 Avg (April) 0.1525
2022 Avg (April) 0.1509

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1584 0.1540 0.1562
February 0.1598 0.1544 0.1577
March 0.1574 0.1505 0.1542
April 0.1608 0.1499 0.1525
May 0.1563 0.1516 0.1539
June 0.1539 0.1496 0.1525
July 0.1546 0.1500 0.1523
August 0.1521 0.1426 0.1483
September 0.1430 0.1288 0.1367
October 0.1373 0.1284 0.1323
November 0.1305 0.1208 0.1253
December 0.1237 0.1211 0.1223