2023 XDR to AFN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 XDR to AFN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the XDR to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 123.4092. Conversely, the yearly low was recorded on November 18, dropping to 90.9918.
This high-to-low spread represents a total annual volatility of 32.4174 AFN. From a start-to-finish perspective, comparing the January average rate of 119.3782 to the December average rate of 93.2899, the exchange rate registered a net change of -21.85% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 123.4092 was down 16.74% compared to the 2022 peak of 148.2291, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 XDR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
XDR to AFN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 117.7761, compared to 103.1913 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 14.5848 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was September, with a trading range of 10.7204 AFN (High: 108.0782 / Low: 97.3577). On the other end, December was the most stable month, with a tight range of 2.8118 AFN (High: 94.8019 / Low: 91.9902).
Growth Streaks & Declines
TrendsBetween March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 9.6531 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2023: 116.9335) against the same month in 2022 (average: 121.0997), the exchange rate shifted by -4.1661 (-3.44%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 121.3947 | 116.5636 | 119.3782 |
| February | 122.8405 | 116.5516 | 120.0811 |
| March | 118.9694 | 114.7999 | 116.8985 |
| April | 123.4092 | 115.0050 | 116.9335 |
| May | 119.9246 | 115.9567 | 117.6366 |
| June | 116.8996 | 113.5869 | 115.7286 |
| July | 118.4829 | 113.9625 | 116.4073 |
| August | 116.2931 | 107.7365 | 112.7140 |
| September | 108.0782 | 97.3577 | 103.0609 |
| October | 103.0384 | 96.1368 | 99.1939 |
| November | 97.9567 | 90.9918 | 94.4815 |
| December | 94.8019 | 91.9902 | 93.2899 |