YEARLY HIGH
20.4882 AFN
YEARLY LOW
17.7211 AFN
YEARLY AVERAGE
19.1978 AFN

2024 AED to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 20.4882. Conversely, the yearly low was recorded on October 17, dropping to 17.7211.

This high-to-low spread represents a total annual volatility of 2.7671 AFN. From a start-to-finish perspective, comparing the January average rate of 19.4766 to the December average rate of 18.9019, the exchange rate registered a net change of -2.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 20.4882 was down 17.77% compared to the 2023 peak of 24.9156, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 102,441 AFN
2023 Average 112,594 AFN
Yearly Trough Low 88,605 AFN
Transaction Impact: A difference of 13,835.71 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

20.0868
18.1000
JanuMarcMayJulySeptNove

AED 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 19.5524, compared to 18.8432 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7092 points.

H1 Avg (Jan–Jun) 19.5524
H2 Avg (Jul–Dec) 18.8432

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 1.1934 AFN (High: 20.2366 / Low: 19.0433). On the other end, July was the most stable month, with a tight range of 0.2861 AFN (High: 19.3799 / Low: 19.0937).

January Spread (Volatile) ±1.1934
July Spread (Stable) ±0.2861

Growth Streaks & Declines

Trends

Between June and August, 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 September and October, when the average rate fell by 0.6585 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6585

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 19.9212) against the same month in 2023 (average: 24.4087), the exchange rate shifted by -4.4875 (-18.38%).

2024 Avg (February) 19.9212
2023 Avg (February) 24.4087

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.2366 19.0433 19.4766
February 20.4882 19.6548 19.9212
March 19.8753 19.3264 19.6539
April 19.6868 19.3728 19.5466
May 19.6917 19.1941 19.5140
June 19.5338 18.9974 19.2022
July 19.3799 19.0937 19.2655
August 19.3762 19.0580 19.2755
September 19.3305 18.5135 18.9241
October 18.7314 17.7211 18.2656
November 18.6075 18.1972 18.4264
December 19.1898 18.3773 18.9019