2024 AFN to JPY Historical Review

YEARLY HIGH

2.3358 JPY

YEARLY LOW

1.9717 JPY

YEARLY AVERAGE

2.1497 JPY

2024 AFN to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 2.3358. Conversely, the yearly low was recorded on February 3, dropping to 1.9717.

This high-to-low spread represents a total annual volatility of 0.3641 JPY. From a start-to-finish perspective, comparing the January average rate of 2.0435 to the December average rate of 2.2186, the exchange rate registered a net change of 8.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3358 was up 7.35% compared to the 2023 peak of 2.1760, 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 11,679 JPY

2023 Average 8,585 JPY

Yearly Trough Low 9,858 JPY

Transaction Impact: A difference of 1,820.73 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.2896

2.0212

JanuMarcMayJulySeptNove

AFN to JPY 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 2.1207, compared to 2.1786 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0580 points.

H1 Avg (Jan–Jun) 2.1207

H2 Avg (Jul–Dec) 2.1786

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.1895 JPY (High: 2.3157 / Low: 2.1262). On the other end, August was the most stable month, with a tight range of 0.0727 JPY (High: 2.1019 / Low: 2.0292).

October Spread (Volatile) ±0.1895

August Spread (Stable) ±0.0727

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1611 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1611

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 2.2672) against the same month in 2023 (average: 2.0976), the exchange rate shifted by +0.1696 (+8.09%).

2024 Avg (November) 2.2672

2023 Avg (November) 2.0976

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0746	1.9778	2.0435
February	2.0761	1.9717	2.0451
March	2.1334	2.0240	2.0749
April	2.2028	2.0981	2.1458
May	2.2305	2.1162	2.1730
June	2.2903	2.1864	2.2418
July	2.2885	2.1231	2.2265
August	2.1019	2.0292	2.0654
September	2.1196	2.0046	2.0586
October	2.3157	2.1262	2.2356
November	2.3358	2.2023	2.2672
December	2.2495	2.1740	2.2186