2023 SRD to AFN Historical Review

YEARLY HIGH

2.8425 AFN

YEARLY LOW

1.8016 AFN

YEARLY AVERAGE

2.2763 AFN

2023 SRD to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 2.8425. Conversely, the yearly low was recorded on November 18, dropping to 1.8016.

This high-to-low spread represents a total annual volatility of 1.0410 AFN. From a start-to-finish perspective, comparing the January average rate of 2.7929 to the December average rate of 1.8724, the exchange rate registered a net change of -32.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.8425 was down 42.99% compared to the 2022 peak of 4.9861, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,213 AFN

2022 Average 19,078 AFN

Yearly Trough Low 9,008 AFN

Transaction Impact: A difference of 5,204.83 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.8850

1.7803

JanuMarcMayJulySeptNove

SRD 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 2.5100, compared to 2.0425 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4675 points.

H1 Avg (Jan–Jun) 2.5100

H2 Avg (Jul–Dec) 2.0425

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.2859 AFN (High: 2.6699 / Low: 2.3840). On the other end, May was the most stable month, with a tight range of 0.0666 AFN (High: 2.3712 / Low: 2.3046).

March Spread (Volatile) ±0.2859

May Spread (Stable) ±0.0666

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 February and March, when the average rate fell by 0.1994 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.1994

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.7929) against the same month in 2022 (average: 4.9418), the exchange rate shifted by -2.1488 (-43.48%).

2023 Avg (January) 2.7929

2022 Avg (January) 4.9418

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8425	2.7427	2.7929
February	2.8257	2.5898	2.7338
March	2.6699	2.3840	2.5345
April	2.4883	2.3050	2.3561
May	2.3712	2.3046	2.3428
June	2.3446	2.2432	2.3001
July	2.3430	2.2155	2.2802
August	2.2547	2.1257	2.2059
September	2.1325	1.9030	2.0355
October	2.0519	1.9295	1.9799
November	1.9628	1.8016	1.8814
December	1.9260	1.8374	1.8724