2024 AFN to SEK Historical Review

YEARLY HIGH

0.1642 SEK

YEARLY LOW

0.1400 SEK

YEARLY AVERAGE

0.1501 SEK

2024 AFN to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 0.1642. Conversely, the yearly low was recorded on January 31, dropping to 0.1400.

This high-to-low spread represents a total annual volatility of 0.0242 SEK. From a start-to-finish perspective, comparing the January average rate of 0.1447 to the December average rate of 0.1584, the exchange rate registered a net change of 9.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1642 was up 6.52% compared to the 2023 peak of 0.1542, 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 821 SEK

2023 Average 647 SEK

Yearly Trough Low 700 SEK

Transaction Impact: A difference of 121.17 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1627

0.1408

JanuMarcMayJulySeptNove

AFN to SEK 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 0.1469, compared to 0.1533 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0064 points.

H1 Avg (Jan–Jun) 0.1469

H2 Avg (Jul–Dec) 0.1533

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0122 SEK (High: 0.1620 / Low: 0.1498). On the other end, September was the most stable month, with a tight range of 0.0041 SEK (High: 0.1492 / Low: 0.1451).

October Spread (Volatile) ±0.0122

September Spread (Stable) ±0.0041

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 0.0034 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.1609) against the same month in 2023 (average: 0.1495), the exchange rate shifted by +0.0114 (+7.64%).

2024 Avg (November) 0.1609

2023 Avg (November) 0.1495

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1469	0.1400	0.1447
February	0.1452	0.1405	0.1426
March	0.1497	0.1409	0.1445
April	0.1539	0.1467	0.1508
May	0.1523	0.1472	0.1500
June	0.1519	0.1467	0.1490
July	0.1536	0.1457	0.1503
August	0.1512	0.1431	0.1468
September	0.1492	0.1451	0.1471
October	0.1620	0.1498	0.1562
November	0.1642	0.1571	0.1609
December	0.1623	0.1555	0.1584