2024 AFN to PEN Historical Review

YEARLY HIGH

0.0579 PEN

YEARLY LOW

0.0506 PEN

YEARLY AVERAGE

0.0533 PEN

2024 AFN to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 17, valuing the pair at 0.0579. Conversely, the yearly low was recorded on February 3, dropping to 0.0506.

This high-to-low spread represents a total annual volatility of 0.0073 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0522 to the December average rate of 0.0538, the exchange rate registered a net change of 3.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0579 was up 3.35% compared to the 2023 peak of 0.0560, 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 289 PEN

2023 Average 228 PEN

Yearly Trough Low 253 PEN

Transaction Impact: A difference of 36.53 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0564

0.0510

JanuMarcMayJulySeptNove

AFN to PEN 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 0.0522, compared to 0.0543 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0522

H2 Avg (Jul–Dec) 0.0543

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0037 PEN (High: 0.0579 / Low: 0.0542). On the other end, August was the most stable month, with a tight range of 0.0009 PEN (High: 0.0533 / Low: 0.0524).

October Spread (Volatile) ±0.0037

August Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between March and June, 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 November and December, when the average rate fell by 0.0021 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.0559) against the same month in 2023 (average: 0.0508), the exchange rate shifted by +0.0051 (+10.01%).

2024 Avg (October) 0.0559

2023 Avg (October) 0.0508

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0531	0.0512	0.0522
February	0.0535	0.0506	0.0523
March	0.0522	0.0508	0.0515
April	0.0525	0.0512	0.0518
May	0.0532	0.0511	0.0521
June	0.0545	0.0522	0.0536
July	0.0542	0.0525	0.0532
August	0.0533	0.0524	0.0528
September	0.0551	0.0532	0.0542
October	0.0579	0.0542	0.0559
November	0.0568	0.0551	0.0559
December	0.0554	0.0530	0.0538