2024 AFN to MXN Historical Review

YEARLY HIGH

0.3057 MXN

YEARLY LOW

0.2277 MXN

YEARLY AVERAGE

0.2604 MXN

2024 AFN to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 0.3057. Conversely, the yearly low was recorded on February 3, dropping to 0.2277.

This high-to-low spread represents a total annual volatility of 0.0780 MXN. From a start-to-finish perspective, comparing the January average rate of 0.2385 to the December average rate of 0.2918, the exchange rate registered a net change of 22.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3057 was up 21.50% compared to the 2023 peak of 0.2516, 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 1,528 MXN

2023 Average 1,079 MXN

Yearly Trough Low 1,138 MXN

Transaction Impact: A difference of 390.20 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3071

0.2255

JanuMarcMayJulySeptNove

AFN to MXN 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 0.2385, compared to 0.2823 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0438 points.

H1 Avg (Jan–Jun) 0.2385

H2 Avg (Jul–Dec) 0.2823

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0302 MXN (High: 0.2670 / Low: 0.2368). On the other end, March was the most stable month, with a tight range of 0.0078 MXN (High: 0.2362 / Low: 0.2284).

June Spread (Volatile) ±0.0302

March Spread (Stable) ±0.0078

Growth Streaks & Declines

Trends

Between July and November, 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 November and December, when the average rate fell by 0.0085 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.3003) against the same month in 2023 (average: 0.2433), the exchange rate shifted by +0.0570 (+23.44%).

2024 Avg (November) 0.3003

2023 Avg (November) 0.2433

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2431	0.2317	0.2385
February	0.2369	0.2277	0.2336
March	0.2362	0.2284	0.2323
April	0.2395	0.2278	0.2342
May	0.2414	0.2301	0.2344
June	0.2670	0.2368	0.2579
July	0.2644	0.2488	0.2559
August	0.2798	0.2621	0.2706
September	0.2898	0.2747	0.2820
October	0.3046	0.2803	0.2935
November	0.3057	0.2910	0.3003
December	0.3005	0.2861	0.2918