2024 AFN to CNY Historical Review

YEARLY HIGH

0.1094 CNY

YEARLY LOW

0.0952 CNY

YEARLY AVERAGE

0.1019 CNY

2024 AFN to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on October 17, valuing the pair at 0.1094. Conversely, the yearly low was recorded on February 5, dropping to 0.0952.

This high-to-low spread represents a total annual volatility of 0.0143 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0994 to the December average rate of 0.1049, the exchange rate registered a net change of 5.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1094 was up 4.31% compared to the 2023 peak of 0.1049, 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 547 CNY

2023 Average 431 CNY

Yearly Trough Low 476 CNY

Transaction Impact: A difference of 71.49 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1073

0.0970

JanuMarcMayJulySeptNove

AFN to CNY 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 0.1000, compared to 0.1037 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.1000

H2 Avg (Jul–Dec) 0.1037

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0073 CNY (High: 0.1094 / Low: 0.1021). On the other end, August was the most stable month, with a tight range of 0.0021 CNY (High: 0.1020 / Low: 0.0999).

October Spread (Volatile) ±0.0073

August Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0016 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.1057) against the same month in 2023 (average: 0.0963), the exchange rate shifted by +0.0094 (+9.73%).

2024 Avg (October) 0.1057

2023 Avg (October) 0.0963

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1016	0.0956	0.0994
February	0.0993	0.0952	0.0978
March	0.1018	0.0986	0.0997
April	0.1017	0.0993	0.1007
May	0.1011	0.0981	0.1000
June	0.1036	0.0990	0.1023
July	0.1037	0.1007	0.1026
August	0.1020	0.0999	0.1009
September	0.1031	0.0998	0.1018
October	0.1094	0.1021	0.1057
November	0.1079	0.1050	0.1065
December	0.1077	0.1036	0.1049