2024 AFN to STD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 AFN to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the AFN to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 17, valuing the pair at 342.3251. Conversely, the yearly low was recorded on February 3, dropping to 296.0907.
This high-to-low spread represents a total annual volatility of 46.2345 STD. From a start-to-finish perspective, comparing the January average rate of 311.5697 to the December average rate of 321.0177, the exchange rate registered a net change of 3.03% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 342.3251 was up 5.58% compared to the 2023 peak of 324.2352, 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 STD 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 310.3413, compared to 322.1190 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.7777 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was January, with a trading range of 18.7945 STD (High: 318.5663 / Low: 299.7718). On the other end, July was the most stable month, with a tight range of 4.6909 STD (High: 317.7157 / Low: 313.0248).
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 November and December, when the average rate fell by 8.2200 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 332.2252) against the same month in 2023 (average: 295.0583), the exchange rate shifted by +37.1670 (+12.60%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 318.5663 | 299.7718 | 311.5697 |
| February | 308.6465 | 296.0907 | 304.5501 |
| March | 313.9419 | 305.2301 | 308.7019 |
| April | 313.1973 | 308.1529 | 310.4002 |
| May | 316.0539 | 308.0753 | 310.8932 |
| June | 319.3332 | 310.5580 | 315.9329 |
| July | 317.7157 | 313.0248 | 314.8866 |
| August | 318.3114 | 313.0837 | 314.7254 |
| September | 327.6735 | 313.8282 | 320.6217 |
| October | 342.3251 | 323.8617 | 332.2252 |
| November | 333.3692 | 326.0184 | 329.2377 |
| December | 330.1007 | 316.1263 | 321.0177 |