YEARLY HIGH
0.2724 MDL
YEARLY LOW
0.2355 MDL
YEARLY AVERAGE
0.2517 MDL

2024 AFN to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 24, valuing the pair at 0.2724. Conversely, the yearly low was recorded on February 3, dropping to 0.2355.

This high-to-low spread represents a total annual volatility of 0.0369 MDL. From a start-to-finish perspective, comparing the January average rate of 0.2464 to the December average rate of 0.2639, the exchange rate registered a net change of 7.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2724 was up 5.47% compared to the 2023 peak of 0.2583, 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 1,362 MDL
2023 Average 1,101 MDL
Yearly Trough Low 1,177 MDL
Transaction Impact: A difference of 184.68 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2690
0.2410
JanuMarcMayJulySeptNove

AFN to MDL 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 0.2465, compared to 0.2569 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0104 points.

H1 Avg (Jan–Jun) 0.2465
H2 Avg (Jul–Dec) 0.2569

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0187 MDL (High: 0.2724 / Low: 0.2537). On the other end, July was the most stable month, with a tight range of 0.0036 MDL (High: 0.2522 / Low: 0.2486).

October Spread (Volatile) ±0.0187
July Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0032 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.2637) against the same month in 2023 (average: 0.2401), the exchange rate shifted by +0.0236 (+9.82%).

2024 Avg (October) 0.2637
2023 Avg (October) 0.2401

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2525 0.2381 0.2464
February 0.2468 0.2355 0.2433
March 0.2488 0.2418 0.2446
April 0.2500 0.2433 0.2469
May 0.2498 0.2440 0.2464
June 0.2539 0.2454 0.2512
July 0.2522 0.2486 0.2502
August 0.2519 0.2432 0.2470
September 0.2553 0.2447 0.2501
October 0.2724 0.2537 0.2637
November 0.2704 0.2612 0.2666
December 0.2720 0.2601 0.2639