2024 AFN to NAD Historical Review

YEARLY HIGH

0.2724 NAD

YEARLY LOW

0.2472 NAD

YEARLY AVERAGE

0.2600 NAD

2024 AFN to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 0.2724. Conversely, the yearly low was recorded on February 3, dropping to 0.2472.

This high-to-low spread represents a total annual volatility of 0.0252 NAD. From a start-to-finish perspective, comparing the January average rate of 0.2627 to the December average rate of 0.2626, the exchange rate registered a net change of -0.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2724 was down 1.08% compared to the 2023 peak of 0.2754, 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 NAD

2023 Average 1,128 NAD

Yearly Trough Low 1,236 NAD

Transaction Impact: A difference of 126.11 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2661

0.2523

JanuMarcMayJulySeptNove

AFN to NAD 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 0.2607, compared to 0.2592 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.2607

H2 Avg (Jul–Dec) 0.2592

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0187 NAD (High: 0.2715 / Low: 0.2528). On the other end, May was the most stable month, with a tight range of 0.0074 NAD (High: 0.2607 / Low: 0.2533).

June Spread (Volatile) ±0.0187

May Spread (Stable) ±0.0074

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0066 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.2649) against the same month in 2023 (average: 0.2625), the exchange rate shifted by +0.0024 (+0.93%).

2024 Avg (November) 0.2649

2023 Avg (November) 0.2625

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2681	0.2506	0.2627
February	0.2657	0.2472	0.2594
March	0.2672	0.2574	0.2612
April	0.2679	0.2574	0.2631
May	0.2607	0.2533	0.2565
June	0.2715	0.2528	0.2613
July	0.2616	0.2539	0.2577
August	0.2653	0.2484	0.2547
September	0.2573	0.2496	0.2535
October	0.2708	0.2537	0.2621
November	0.2724	0.2568	0.2649
December	0.2684	0.2532	0.2626