YEARLY HIGH
3.2117 GYD
YEARLY LOW
2.7807 GYD
YEARLY AVERAGE
2.9694 GYD

2024 AFN to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 17, valuing the pair at 3.2117. Conversely, the yearly low was recorded on February 3, dropping to 2.7807.

This high-to-low spread represents a total annual volatility of 0.4311 GYD. From a start-to-finish perspective, comparing the January average rate of 2.9263 to the December average rate of 3.0128, the exchange rate registered a net change of 2.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.2117 was up 6.00% compared to the 2023 peak of 3.0300, 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 16,059 GYD
2023 Average 12,795 GYD
Yearly Trough Low 13,903 GYD
Transaction Impact: A difference of 2,155.35 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3.1470
2.8347
JanuMarcMayJulySeptNove

AFN to GYD 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 2.9146, compared to 3.0241 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1094 points.

H1 Avg (Jan–Jun) 2.9146
H2 Avg (Jul–Dec) 3.0241

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.1819 GYD (High: 2.9916 / Low: 2.8097). On the other end, July was the most stable month, with a tight range of 0.0414 GYD (High: 2.9827 / Low: 2.9413).

January Spread (Volatile) ±0.1819
July Spread (Stable) ±0.0414

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 0.0788 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0788

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 3.1210) against the same month in 2023 (average: 2.7698), the exchange rate shifted by +0.3511 (+12.68%).

2024 Avg (October) 3.1210
2023 Avg (October) 2.7698

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9916 2.8097 2.9263
February 2.9008 2.7807 2.8607
March 2.9649 2.8701 2.9004
April 2.9434 2.8966 2.9150
May 2.9697 2.8914 2.9189
June 3.0079 2.9155 2.9665
July 2.9827 2.9413 2.9557
August 2.9871 2.9272 2.9526
September 3.0758 2.9473 3.0108
October 3.2117 3.0443 3.1210
November 3.1277 3.0628 3.0916
December 3.1019 2.9683 3.0128