2024 AFN to INR Historical Review

YEARLY HIGH

1.2913 INR

YEARLY LOW

1.1030 INR

YEARLY AVERAGE

1.1877 INR

2024 AFN to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 17, valuing the pair at 1.2913. Conversely, the yearly low was recorded on February 3, dropping to 1.1030.

This high-to-low spread represents a total annual volatility of 0.1883 INR. From a start-to-finish perspective, comparing the January average rate of 1.1621 to the December average rate of 1.2246, the exchange rate registered a net change of 5.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.2913 was up 6.54% compared to the 2023 peak of 1.2120, 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 6,456 INR

2023 Average 5,031 INR

Yearly Trough Low 5,515 INR

Transaction Impact: A difference of 941.64 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.2650

1.1221

JanuMarcMayJulySeptNove

AFN to INR 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 1.1593, compared to 1.2161 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0568 points.

H1 Avg (Jan–Jun) 1.1593

H2 Avg (Jul–Dec) 1.2161

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0729 INR (High: 1.1903 / Low: 1.1174). On the other end, August was the most stable month, with a tight range of 0.0205 INR (High: 1.2000 / Low: 1.1796).

January Spread (Volatile) ±0.0729

August Spread (Stable) ±0.0205

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 0.0281 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0281

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 1.2531) against the same month in 2023 (average: 1.1021), the exchange rate shifted by +0.1511 (+13.71%).

2024 Avg (October) 1.2531

2023 Avg (October) 1.1021

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1903	1.1174	1.1621
February	1.1496	1.1030	1.1341
March	1.1778	1.1345	1.1508
April	1.1746	1.1534	1.1620
May	1.1838	1.1528	1.1631
June	1.1981	1.1633	1.1837
July	1.1936	1.1729	1.1815
August	1.2000	1.1796	1.1848
September	1.2311	1.1829	1.2058
October	1.2913	1.2213	1.2531
November	1.2608	1.2348	1.2465
December	1.2546	1.2089	1.2246