2024 AFN to PKR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 AFN to PKR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the AFN to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 17, valuing the pair at 4.2669. Conversely, the yearly low was recorded on February 5, dropping to 3.7068.
This high-to-low spread represents a total annual volatility of 0.5601 PKR. From a start-to-finish perspective, comparing the January average rate of 3.9143 to the December average rate of 4.0065, the exchange rate registered a net change of 2.36% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 4.2669 was up 1.75% compared to the 2023 peak of 4.1934, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AFN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
AFN to PKR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 3.8820, compared to 4.0209 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1389 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was January, with a trading range of 0.2685 PKR (High: 4.0261 / Low: 3.7576). On the other end, July was the most stable month, with a tight range of 0.0540 PKR (High: 3.9678 / Low: 3.9138).
Growth Streaks & Declines
TrendsBetween February and June, 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 January and February, when the average rate fell by 0.1008 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 4.1430) against the same month in 2023 (average: 3.6992), the exchange rate shifted by +0.4438 (+12.00%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.0261 | 3.7576 | 3.9143 |
| February | 3.8689 | 3.7068 | 3.8135 |
| March | 3.9149 | 3.8274 | 3.8602 |
| April | 3.9074 | 3.8456 | 3.8736 |
| May | 3.9504 | 3.8468 | 3.8822 |
| June | 3.9947 | 3.8761 | 3.9482 |
| July | 3.9678 | 3.9138 | 3.9330 |
| August | 3.9814 | 3.9037 | 3.9324 |
| September | 4.0838 | 3.9236 | 4.0040 |
| October | 4.2669 | 4.0401 | 4.1430 |
| November | 4.1507 | 4.0683 | 4.1066 |
| December | 4.1238 | 3.9532 | 4.0065 |