2024 AFN to EUR Historical Review

YEARLY HIGH

0.0142 EUR

YEARLY LOW

0.0123 EUR

YEARLY AVERAGE

0.0131 EUR

2024 AFN to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.0142. Conversely, the yearly low was recorded on February 3, dropping to 0.0123.

This high-to-low spread represents a total annual volatility of 0.0019 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0128 to the December average rate of 0.0138, the exchange rate registered a net change of 7.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0142 was up 6.08% compared to the 2023 peak of 0.0134, 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 71 EUR

2023 Average 56 EUR

Yearly Trough Low 62 EUR

Transaction Impact: A difference of 9.57 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0140

0.0125

JanuMarcMayJulySeptNove

AFN to EUR 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 0.0129, compared to 0.0134 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0129

H2 Avg (Jul–Dec) 0.0134

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0010 EUR (High: 0.0142 / Low: 0.0132). On the other end, July was the most stable month, with a tight range of 0.0002 EUR (High: 0.0132 / Low: 0.0129).

October Spread (Volatile) ±0.0010

July Spread (Stable) ±0.0002

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 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0139) against the same month in 2023 (average: 0.0129), the exchange rate shifted by +0.0010 (+7.45%).

2024 Avg (November) 0.0139

2023 Avg (November) 0.0129

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0131	0.0125	0.0128
February	0.0129	0.0123	0.0127
March	0.0130	0.0126	0.0127
April	0.0132	0.0128	0.0130
May	0.0131	0.0127	0.0129
June	0.0133	0.0128	0.0132
July	0.0132	0.0129	0.0130
August	0.0131	0.0126	0.0128
September	0.0132	0.0127	0.0130
October	0.0142	0.0132	0.0137
November	0.0142	0.0136	0.0139
December	0.0141	0.0136	0.0138