2024 AFN to KRW Historical Review

YEARLY HIGH

21.1148 KRW

YEARLY LOW

17.7923 KRW

YEARLY AVERAGE

19.3598 KRW

2024 AFN to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 21.1148. Conversely, the yearly low was recorded on February 3, dropping to 17.7923.

This high-to-low spread represents a total annual volatility of 3.3225 KRW. From a start-to-finish perspective, comparing the January average rate of 18.5211 to the December average rate of 20.7535, the exchange rate registered a net change of 12.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 21.1148 was up 11.03% compared to the 2023 peak of 19.0165, 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 105,574 KRW

2023 Average 79,608 KRW

Yearly Trough Low 88,962 KRW

Transaction Impact: A difference of 16,612.52 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

21.0076

17.9585

JanuMarcMayJulySeptNove

AFN to KRW 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 18.8162, compared to 19.9034 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0872 points.

H1 Avg (Jan–Jun) 18.8162

H2 Avg (Jul–Dec) 19.9034

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 1.7241 KRW (High: 21.0666 / Low: 19.3425). On the other end, July was the most stable month, with a tight range of 0.4207 KRW (High: 19.7612 / Low: 19.3405).

October Spread (Volatile) ±1.7241

July Spread (Stable) ±0.4207

Growth Streaks & Declines

Trends

Between August and December, 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 July and August, when the average rate fell by 0.4652 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.4652

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 20.7535) against the same month in 2023 (average: 18.6061), the exchange rate shifted by +2.1474 (+11.54%).

2024 Avg (December) 20.7535

2023 Avg (December) 18.6061

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.8139	17.9572	18.5211
February	18.4129	17.7923	18.2126
March	18.9449	18.0885	18.4614
April	19.3951	18.7661	19.0838
May	19.6183	18.6981	19.0299
June	19.8774	19.2771	19.5884
July	19.7612	19.3405	19.5356
August	19.5553	18.6603	19.0704
September	19.4523	18.8559	19.1378
October	21.0666	19.3425	20.3109
November	20.9506	20.3295	20.6122
December	21.1148	20.4061	20.7535