YEARLY HIGH
0.3655 AFN
YEARLY LOW
0.2744 AFN
YEARLY AVERAGE
0.3305 AFN

2023 YER to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the YER to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 0.3655. Conversely, the yearly low was recorded on November 18, dropping to 0.2744.

This high-to-low spread represents a total annual volatility of 0.0910 AFN. From a start-to-finish perspective, comparing the January average rate of 0.3550 to the December average rate of 0.2795, the exchange rate registered a net change of -21.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3655 was down 13.32% compared to the 2022 peak of 0.4216, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,827 AFN
2022 Average 1,798 AFN
Yearly Trough Low 1,372 AFN
Transaction Impact: A difference of 455.21 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3660
0.2717
JanuMarcMayJulySeptNove

YER 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 0.3508, compared to 0.3102 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0406 points.

H1 Avg (Jan–Jun) 0.3508
H2 Avg (Jul–Dec) 0.3102

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0326 AFN (High: 0.3255 / Low: 0.2929). On the other end, December was the most stable month, with a tight range of 0.0060 AFN (High: 0.2828 / Low: 0.2768).

September Spread (Volatile) ±0.0326
December Spread (Stable) ±0.0060

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 0.0259 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0259

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.3461) against the same month in 2022 (average: 0.3496), the exchange rate shifted by -0.0035 (-1.00%).

2023 Avg (April) 0.3461
2022 Avg (April) 0.3496

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3597 0.3503 0.3550
February 0.3631 0.3506 0.3581
March 0.3576 0.3418 0.3500
April 0.3655 0.3406 0.3461
May 0.3549 0.3442 0.3495
June 0.3496 0.3402 0.3464
July 0.3504 0.3401 0.3460
August 0.3460 0.3245 0.3373
September 0.3255 0.2929 0.3114
October 0.3132 0.2930 0.3017
November 0.2976 0.2744 0.2855
December 0.2828 0.2768 0.2795