YEARLY HIGH
0.0277 ANG
YEARLY LOW
0.0241 ANG
YEARLY AVERAGE
0.0256 ANG

2024 AFN to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on October 17, valuing the pair at 0.0277. Conversely, the yearly low was recorded on February 5, dropping to 0.0241.

This high-to-low spread represents a total annual volatility of 0.0036 ANG. From a start-to-finish perspective, comparing the January average rate of 0.0252 to the December average rate of 0.0260, the exchange rate registered a net change of 3.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0277 was up 6.06% compared to the 2023 peak of 0.0261, 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 138 ANG
2023 Average 110 ANG
Yearly Trough Low 121 ANG
Transaction Impact: A difference of 17.83 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0271
0.0244
JanuMarcMayJulySeptNove

AFN to ANG 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 0.0251, compared to 0.0261 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0251
H2 Avg (Jul–Dec) 0.0261

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0016 ANG (High: 0.0258 / Low: 0.0242). On the other end, July was the most stable month, with a tight range of 0.0004 ANG (High: 0.0257 / Low: 0.0253).

January Spread (Volatile) ±0.0016
July Spread (Stable) ±0.0004

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 0.0007 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.0269) against the same month in 2023 (average: 0.0239), the exchange rate shifted by +0.0030 (+12.74%).

2024 Avg (October) 0.0269
2023 Avg (October) 0.0239

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0258 0.0242 0.0252
February 0.0250 0.0241 0.0246
March 0.0253 0.0247 0.0250
April 0.0253 0.0249 0.0251
May 0.0256 0.0249 0.0251
June 0.0259 0.0251 0.0256
July 0.0257 0.0253 0.0255
August 0.0257 0.0252 0.0254
September 0.0265 0.0254 0.0259
October 0.0277 0.0262 0.0269
November 0.0269 0.0264 0.0266
December 0.0267 0.0256 0.0260