2024 AFN to LRD Historical Review

YEARLY HIGH

2.9542 LRD

YEARLY LOW

2.5258 LRD

YEARLY AVERAGE

2.7160 LRD

2024 AFN to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 17, valuing the pair at 2.9542. Conversely, the yearly low was recorded on February 3, dropping to 2.5258.

This high-to-low spread represents a total annual volatility of 0.4284 LRD. From a start-to-finish perspective, comparing the January average rate of 2.6446 to the December average rate of 2.6014, the exchange rate registered a net change of -1.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.9542 was up 8.07% compared to the 2023 peak of 2.7335, 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 14,771 LRD

2023 Average 10,693 LRD

Yearly Trough Low 12,629 LRD

Transaction Impact: A difference of 2,142.16 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.9002

2.5743

JanuMarcMayJulySeptNove

AFN to LRD 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 2.6753, compared to 2.7566 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0813 points.

H1 Avg (Jan–Jun) 2.6753

H2 Avg (Jul–Dec) 2.7566

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.2338 LRD (High: 2.8691 / Low: 2.6353). On the other end, July was the most stable month, with a tight range of 0.0495 LRD (High: 2.7824 / Low: 2.7329).

November Spread (Volatile) ±0.2338

July Spread (Stable) ±0.0495

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1388 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.1388

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 2.8730) against the same month in 2023 (average: 2.4748), the exchange rate shifted by +0.3983 (+16.09%).

2024 Avg (October) 2.8730

2023 Avg (October) 2.4748

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7014	2.5562	2.6446
February	2.6398	2.5258	2.6034
March	2.7140	2.6377	2.6662
April	2.7135	2.6034	2.6851
May	2.7504	2.6747	2.7007
June	2.7814	2.7025	2.7518
July	2.7824	2.7329	2.7545
August	2.8183	2.7413	2.7622
September	2.8999	2.7535	2.8142
October	2.9542	2.8131	2.8730
November	2.8691	2.6353	2.7343
December	2.6548	2.5602	2.6014