YEARLY HIGH
0.0910 AFN
YEARLY LOW
0.0664 AFN
YEARLY AVERAGE
0.0775 AFN

2024 ARS to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.0910. Conversely, the yearly low was recorded on October 17, dropping to 0.0664.

This high-to-low spread represents a total annual volatility of 0.0247 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0875 to the December average rate of 0.0681, the exchange rate registered a net change of -22.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0910 was down 81.82% compared to the 2023 peak of 0.5008, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ARS based on timing:

Yearly Peak High 455 AFN
2023 Average 1,613 AFN
Yearly Trough Low 332 AFN
Transaction Impact: A difference of 123.37 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0897
0.0657
JanuMarcMayJulySeptNove

ARS to AFN 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 0.0836, compared to 0.0715 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0122 points.

H1 Avg (Jan–Jun) 0.0836
H2 Avg (Jul–Dec) 0.0715

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0049 AFN (High: 0.0910 / Low: 0.0862). On the other end, November was the most stable month, with a tight range of 0.0020 AFN (High: 0.0688 / Low: 0.0668).

February Spread (Volatile) ±0.0049
November Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0039 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0877) against the same month in 2023 (average: 0.4676), the exchange rate shifted by -0.3799 (-81.24%).

2024 Avg (February) 0.0877
2023 Avg (February) 0.4676

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0899 0.0858 0.0875
February 0.0910 0.0862 0.0877
March 0.0863 0.0830 0.0849
April 0.0838 0.0816 0.0827
May 0.0826 0.0789 0.0809
June 0.0801 0.0770 0.0781
July 0.0778 0.0757 0.0768
August 0.0762 0.0742 0.0753
September 0.0743 0.0703 0.0724
October 0.0709 0.0664 0.0685
November 0.0688 0.0668 0.0677
December 0.0689 0.0666 0.0681