2023 SYP to AFN Historical Review

YEARLY HIGH

0.0364 AFN

YEARLY LOW

0.0274 AFN

YEARLY AVERAGE

0.0329 AFN

2023 SYP to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SYP to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 0.0364. Conversely, the yearly low was recorded on November 18, dropping to 0.0274.

This high-to-low spread represents a total annual volatility of 0.0091 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0354 to the December average rate of 0.0278, the exchange rate registered a net change of -21.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0364 was down 13.32% compared to the 2022 peak of 0.0420, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 182 AFN

2022 Average 179 AFN

Yearly Trough Low 137 AFN

Transaction Impact: A difference of 45.33 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0365

0.0271

JanuMarcMayJulySeptNove

SYP 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 0.0350, compared to 0.0309 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.0350

H2 Avg (Jul–Dec) 0.0309

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0032 AFN (High: 0.0324 / Low: 0.0292). On the other end, December was the most stable month, with a tight range of 0.0006 AFN (High: 0.0282 / Low: 0.0276).

September Spread (Volatile) ±0.0032

December Spread (Stable) ±0.0006

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 0.0026 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0345) against the same month in 2022 (average: 0.0348), the exchange rate shifted by -0.0003 (-0.97%).

2023 Avg (April) 0.0345

2022 Avg (April) 0.0348

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0358	0.0349	0.0354
February	0.0362	0.0349	0.0357
March	0.0356	0.0340	0.0349
April	0.0364	0.0339	0.0345
May	0.0354	0.0343	0.0348
June	0.0348	0.0339	0.0345
July	0.0349	0.0339	0.0345
August	0.0345	0.0323	0.0336
September	0.0324	0.0292	0.0310
October	0.0312	0.0292	0.0301
November	0.0297	0.0274	0.0284
December	0.0282	0.0276	0.0278