YEARLY HIGH
41.7494 AFN
YEARLY LOW
36.1107 AFN
YEARLY AVERAGE
39.1522 AFN

2024 AWG to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AWG to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 41.7494. Conversely, the yearly low was recorded on October 17, dropping to 36.1107.

This high-to-low spread represents a total annual volatility of 5.6387 AFN. From a start-to-finish perspective, comparing the January average rate of 39.7128 to the December average rate of 38.5657, the exchange rate registered a net change of -2.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 41.7494 was down 17.76% compared to the 2023 peak of 50.7671, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 208,747 AFN
2023 Average 229,634 AFN
Yearly Trough Low 180,554 AFN
Transaction Impact: A difference of 28,193.38 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

40.9636
36.9186
JanuMarcMayJulySeptNove

AWG 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 39.8694, compared to 38.4350 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4344 points.

H1 Avg (Jan–Jun) 39.8694
H2 Avg (Jul–Dec) 38.4350

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 2.4304 AFN (High: 41.2653 / Low: 38.8350). On the other end, July was the most stable month, with a tight range of 0.5839 AFN (High: 39.5457 / Low: 38.9618).

January Spread (Volatile) ±2.4304
July Spread (Stable) ±0.5839

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.3368 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.3368

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 40.6265) against the same month in 2023 (average: 49.7824), the exchange rate shifted by -9.1559 (-18.39%).

2024 Avg (February) 40.6265
2023 Avg (February) 49.7824

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 41.2653 38.8350 39.7128
February 41.7494 40.1067 40.6265
March 40.4993 39.3755 40.0677
April 40.1709 39.4691 39.8623
May 40.1686 39.1667 39.7904
June 39.8598 38.7107 39.1568
July 39.5457 38.9618 39.2918
August 39.4825 38.8350 39.3167
September 39.4444 37.7254 38.5925
October 38.2224 36.1107 37.2557
November 37.9696 37.0808 37.5876
December 39.1577 37.4480 38.5657