2023 UAH to AFN Historical Review

YEARLY HIGH

2.4886 AFN

YEARLY LOW

1.8373 AFN

YEARLY AVERAGE

2.2484 AFN

2023 UAH to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UAH to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 2.4886. Conversely, the yearly low was recorded on December 28, dropping to 1.8373.

This high-to-low spread represents a total annual volatility of 0.6513 AFN. From a start-to-finish perspective, comparing the January average rate of 2.4172 to the December average rate of 1.8808, the exchange rate registered a net change of -22.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.4886 was down 35.27% compared to the 2022 peak of 3.8447, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,443 AFN

2022 Average 14,020 AFN

Yearly Trough Low 9,186 AFN

Transaction Impact: A difference of 3,256.45 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.4913

1.8253

JanuMarcMayJulySeptNove

UAH 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 2.3838, compared to 2.1130 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2708 points.

H1 Avg (Jan–Jun) 2.3838

H2 Avg (Jul–Dec) 2.1130

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.2196 AFN (High: 2.2056 / Low: 1.9860). On the other end, January was the most stable month, with a tight range of 0.0650 AFN (High: 2.4502 / Low: 2.3852).

September Spread (Volatile) ±0.2196

January Spread (Stable) ±0.0650

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 0.1753 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1753

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 2.3531) against the same month in 2022 (average: 2.9529), the exchange rate shifted by -0.5997 (-20.31%).

2023 Avg (April) 2.3531

2022 Avg (April) 2.9529

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4502	2.3852	2.4172
February	2.4746	2.3885	2.4358
March	2.4228	2.3170	2.3779
April	2.4886	2.3080	2.3531
May	2.4065	2.3383	2.3710
June	2.3714	2.3063	2.3479
July	2.3845	2.3143	2.3512
August	2.3449	2.1986	2.2869
September	2.2056	1.9860	2.1116
October	2.1333	2.0157	2.0692
November	2.0637	1.9023	1.9783
December	1.9326	1.8373	1.8808