YEARLY HIGH
0.5280 SRD
YEARLY LOW
0.4034 SRD
YEARLY AVERAGE
0.4703 SRD

2024 AFN to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.5280. Conversely, the yearly low was recorded on August 15, dropping to 0.4034.

This high-to-low spread represents a total annual volatility of 0.1246 SRD. From a start-to-finish perspective, comparing the January average rate of 0.5130 to the December average rate of 0.5074, the exchange rate registered a net change of -1.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5280 was down 4.88% compared to the 2023 peak of 0.5551, 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 2,640 SRD
2023 Average 2,235 SRD
Yearly Trough Low 2,017 SRD
Transaction Impact: A difference of 622.97 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5312
0.3954
JanuMarcMayJulySeptNove

AFN to SRD 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 0.4795, compared to 0.4611 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0185 points.

H1 Avg (Jan–Jun) 0.4795
H2 Avg (Jul–Dec) 0.4611

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0683 SRD (High: 0.5160 / Low: 0.4478). On the other end, August was the most stable month, with a tight range of 0.0064 SRD (High: 0.4098 / Low: 0.4034).

October Spread (Volatile) ±0.0683
August Spread (Stable) ±0.0064

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 April and May, when the average rate fell by 0.0271 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0271

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.5130) against the same month in 2023 (average: 0.3581), the exchange rate shifted by +0.1550 (+43.28%).

2024 Avg (January) 0.5130
2023 Avg (January) 0.3581

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5280 0.4941 0.5130
February 0.5062 0.4835 0.4941
March 0.4952 0.4823 0.4881
April 0.4899 0.4696 0.4822
May 0.4712 0.4445 0.4551
June 0.4544 0.4340 0.4446
July 0.4355 0.4067 0.4196
August 0.4098 0.4034 0.4067
September 0.4515 0.4075 0.4276
October 0.5160 0.4478 0.4851
November 0.5277 0.5117 0.5199
December 0.5236 0.4977 0.5074