2024 AFN to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 AFN to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the AFN to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 185.9580. Conversely, the yearly low was recorded on February 3, dropping to 33.3876.
This high-to-low spread represents a total annual volatility of 152.5704 SYP. From a start-to-finish perspective, comparing the January average rate of 35.1331 to the December average rate of 89.2007, the exchange rate registered a net change of 153.89% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 185.9580 was up 408.62% compared to the 2023 peak of 36.5613, 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 SYP 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 34.9946, compared to 45.1564 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.1618 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 150.1908 SYP (High: 185.9580 / Low: 35.7672). On the other end, July was the most stable month, with a tight range of 0.5290 SYP (High: 35.8261 / Low: 35.2972).
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 0.7915 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 89.2007) against the same month in 2023 (average: 35.9200), the exchange rate shifted by +53.2807 (+148.33%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 35.9220 | 33.8027 | 35.1331 |
| February | 34.8034 | 33.3876 | 34.3415 |
| March | 35.4006 | 34.4182 | 34.8097 |
| April | 35.3166 | 34.7478 | 35.0012 |
| May | 35.6387 | 34.7390 | 35.0568 |
| June | 36.0085 | 35.0190 | 35.6251 |
| July | 35.8261 | 35.2972 | 35.5071 |
| August | 35.8933 | 35.3038 | 35.4889 |
| September | 36.9490 | 35.3877 | 36.1538 |
| October | 38.6011 | 36.5191 | 37.4622 |
| November | 37.5912 | 36.7623 | 37.1253 |
| December | 185.9580 | 35.7672 | 89.2007 |