2023 TWD to AFN Historical Review

YEARLY HIGH

3.0257 AFN

YEARLY LOW

2.1645 AFN

YEARLY AVERAGE

2.6615 AFN

2023 TWD to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 3.0257. Conversely, the yearly low was recorded on November 18, dropping to 2.1645.

This high-to-low spread represents a total annual volatility of 0.8613 AFN. From a start-to-finish perspective, comparing the January average rate of 2.9239 to the December average rate of 2.2413, the exchange rate registered a net change of -23.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.0257 was down 20.91% compared to the 2022 peak of 3.8258, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,129 AFN

2022 Average 15,164 AFN

Yearly Trough Low 10,822 AFN

Transaction Impact: A difference of 4,306.33 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.0339

2.1682

JanuMarcMayJulySeptNove

TWD 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 2.8753, compared to 2.4478 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4275 points.

H1 Avg (Jan–Jun) 2.8753

H2 Avg (Jul–Dec) 2.4478

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.2603 AFN (High: 2.5555 / Low: 2.2951). On the other end, May was the most stable month, with a tight range of 0.0904 AFN (High: 2.8928 / Low: 2.8024).

September Spread (Volatile) ±0.2603

May Spread (Stable) ±0.0904

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 0.2191 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.2191

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 2.9617) against the same month in 2022 (average: 3.3474), the exchange rate shifted by -0.3857 (-11.52%).

2023 Avg (February) 2.9617

2022 Avg (February) 3.3474

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9652	2.8559	2.9239
February	3.0257	2.8672	2.9617
March	2.9332	2.8021	2.8676
April	3.0033	2.7890	2.8350
May	2.8928	2.8024	2.8495
June	2.8537	2.7455	2.8141
July	2.8206	2.7157	2.7775
August	2.7415	2.5518	2.6535
September	2.5555	2.2951	2.4343
October	2.4256	2.2726	2.3397
November	2.3123	2.1645	2.2403
December	2.3065	2.1998	2.2413