2024 AFN to AED Historical Review

YEARLY HIGH

0.0564 AED

YEARLY LOW

0.0488 AED

YEARLY AVERAGE

0.0521 AED

2024 AFN to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on October 17, valuing the pair at 0.0564. Conversely, the yearly low was recorded on February 3, dropping to 0.0488.

This high-to-low spread represents a total annual volatility of 0.0076 AED. From a start-to-finish perspective, comparing the January average rate of 0.0514 to the December average rate of 0.0529, the exchange rate registered a net change of 3.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0564 was up 5.58% compared to the 2023 peak of 0.0534, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 282 AED

2023 Average 224 AED

Yearly Trough Low 244 AED

Transaction Impact: A difference of 38.11 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0552

0.0497

JanuMarcMayJulySeptNove

AFN to AED 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 0.0512, compared to 0.0531 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0512

H2 Avg (Jul–Dec) 0.0531

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0031 AED (High: 0.0525 / Low: 0.0494). On the other end, July was the most stable month, with a tight range of 0.0008 AED (High: 0.0524 / Low: 0.0516).

January Spread (Volatile) ±0.0031

July Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0014 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.0548) against the same month in 2023 (average: 0.0486), the exchange rate shifted by +0.0061 (+12.60%).

2024 Avg (October) 0.0548

2023 Avg (October) 0.0486

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0525	0.0494	0.0514
February	0.0509	0.0488	0.0502
March	0.0517	0.0503	0.0509
April	0.0516	0.0508	0.0512
May	0.0521	0.0508	0.0512
June	0.0526	0.0512	0.0521
July	0.0524	0.0516	0.0519
August	0.0525	0.0516	0.0519
September	0.0540	0.0517	0.0529
October	0.0564	0.0534	0.0548
November	0.0550	0.0537	0.0543
December	0.0544	0.0521	0.0529