2024 AFN to CAD Historical Review

YEARLY HIGH

0.0212 CAD

YEARLY LOW

0.0179 CAD

YEARLY AVERAGE

0.0195 CAD

2024 AFN to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 17, valuing the pair at 0.0212. Conversely, the yearly low was recorded on February 3, dropping to 0.0179.

This high-to-low spread represents a total annual volatility of 0.0033 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0188 to the December average rate of 0.0205, the exchange rate registered a net change of 9.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0212 was up 6.14% compared to the 2023 peak of 0.0200, 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 106 CAD

2023 Average 82 CAD

Yearly Trough Low 90 CAD

Transaction Impact: A difference of 16.45 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0209

0.0182

JanuMarcMayJulySeptNove

AFN to CAD 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 0.0189, compared to 0.0200 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0189

H2 Avg (Jul–Dec) 0.0200

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0015 CAD (High: 0.0212 / Low: 0.0197). On the other end, May was the most stable month, with a tight range of 0.0005 CAD (High: 0.0194 / Low: 0.0189).

October Spread (Volatile) ±0.0015

May Spread (Stable) ±0.0005

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 January and February, when the average rate fell by 0.0003 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.0205) against the same month in 2023 (average: 0.0182), the exchange rate shifted by +0.0024 (+12.99%).

2024 Avg (October) 0.0205

2023 Avg (October) 0.0182

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0191	0.0181	0.0188
February	0.0187	0.0179	0.0184
March	0.0192	0.0185	0.0188
April	0.0194	0.0188	0.0191
May	0.0194	0.0189	0.0191
June	0.0197	0.0190	0.0194
July	0.0197	0.0191	0.0194
August	0.0197	0.0190	0.0193
September	0.0199	0.0191	0.0195
October	0.0212	0.0197	0.0205
November	0.0210	0.0204	0.0207
December	0.0210	0.0202	0.0205