YEARLY HIGH
33.8569 AFN
YEARLY LOW
25.4282 AFN
YEARLY AVERAGE
30.6162 AFN

2023 XCD to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 33.8569. Conversely, the yearly low was recorded on November 18, dropping to 25.4282.

This high-to-low spread represents a total annual volatility of 8.4287 AFN. From a start-to-finish perspective, comparing the January average rate of 32.8785 to the December average rate of 25.8831, 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 33.8569 was down 13.30% compared to the 2022 peak of 39.0504, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 169,285 AFN
2022 Average 166,522 AFN
Yearly Trough Low 127,141 AFN
Transaction Impact: A difference of 42,143.35 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

33.9025
25.1541
JanuMarcMayJulySeptNove

XCD 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 32.4971, compared to 28.7353 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.7617 points.

H1 Avg (Jan–Jun) 32.4971
H2 Avg (Jul–Dec) 28.7353

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 3.0109 AFN (High: 30.1431 / Low: 27.1322). On the other end, December was the most stable month, with a tight range of 0.5476 AFN (High: 26.1865 / Low: 25.6389).

September Spread (Volatile) ±3.0109
December Spread (Stable) ±0.5476

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 2.3934 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -2.3934

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 32.0568) against the same month in 2022 (average: 32.3694), the exchange rate shifted by -0.3126 (-0.97%).

2023 Avg (April) 32.0568
2022 Avg (April) 32.3694

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 33.3158 32.4453 32.8785
February 33.6362 32.4804 33.1735
March 33.1169 31.6558 32.4181
April 33.8569 31.5493 32.0568
May 32.8745 31.8791 32.3713
June 32.3814 31.5122 32.0843
July 32.4574 31.5020 32.0525
August 32.0559 30.0481 31.2392
September 30.1431 27.1322 28.8458
October 29.0102 27.1298 27.9485
November 27.5666 25.4282 26.4431
December 26.1865 25.6389 25.8831