2024 AFN to UAH Historical Review

YEARLY HIGH

0.6333 UAH

YEARLY LOW

0.5020 UAH

YEARLY AVERAGE

0.5705 UAH

2024 AFN to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AFN to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on October 17, valuing the pair at 0.6333. Conversely, the yearly low was recorded on February 3, dropping to 0.5020.

This high-to-low spread represents a total annual volatility of 0.1312 UAH. From a start-to-finish perspective, comparing the January average rate of 0.5292 to the December average rate of 0.6018, the exchange rate registered a net change of 13.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6333 was up 16.35% compared to the 2023 peak of 0.5443, 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 3,166 UAH

2023 Average 2,241 UAH

Yearly Trough Low 2,510 UAH

Transaction Impact: A difference of 656.11 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6250

0.5097

JanuMarcMayJulySeptNove

AFN to UAH 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 0.5437, compared to 0.5973 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0536 points.

H1 Avg (Jan–Jun) 0.5437

H2 Avg (Jul–Dec) 0.5973

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0399 UAH (High: 0.5441 / Low: 0.5041). On the other end, August was the most stable month, with a tight range of 0.0106 UAH (High: 0.5880 / Low: 0.5774).

January Spread (Volatile) ±0.0399

August Spread (Stable) ±0.0106

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0099 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0099

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.6154) against the same month in 2023 (average: 0.4834), the exchange rate shifted by +0.1320 (+27.31%).

2024 Avg (October) 0.6154

2023 Avg (October) 0.4834

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5441	0.5041	0.5292
February	0.5296	0.5020	0.5193
March	0.5502	0.5237	0.5364
April	0.5554	0.5410	0.5485
May	0.5750	0.5444	0.5545
June	0.5812	0.5649	0.5742
July	0.5913	0.5700	0.5795
August	0.5880	0.5774	0.5817
September	0.6053	0.5773	0.5938
October	0.6333	0.5993	0.6154
November	0.6192	0.6059	0.6117
December	0.6164	0.5951	0.6018