YEARLY HIGH
55.9623 AFN
YEARLY LOW
49.5838 AFN
YEARLY AVERAGE
52.7719 AFN

2024 BND to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 55.9623. Conversely, the yearly low was recorded on October 17, dropping to 49.5838.

This high-to-low spread represents a total annual volatility of 6.3786 AFN. From a start-to-finish perspective, comparing the January average rate of 53.5807 to the December average rate of 51.4249, the exchange rate registered a net change of -4.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 55.9623 was down 18.96% compared to the 2023 peak of 69.0527, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 279,812 AFN
2023 Average 308,166 AFN
Yearly Trough Low 247,919 AFN
Transaction Impact: A difference of 31,892.78 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

54.7922
50.2742
JanuMarcMayJulySeptNove

BND 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 53.3313, compared to 52.2125 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1188 points.

H1 Avg (Jan–Jun) 53.3313
H2 Avg (Jul–Dec) 52.2125

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 3.6003 AFN (High: 53.1840 / Low: 49.5838). On the other end, July was the most stable month, with a tight range of 0.6876 AFN (High: 52.8395 / Low: 52.1519).

October Spread (Volatile) ±3.6003
July Spread (Stable) ±0.6876

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 2.4020 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.4020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 54.4157) against the same month in 2023 (average: 67.3210), the exchange rate shifted by -12.9052 (-19.17%).

2024 Avg (February) 54.4157
2023 Avg (February) 67.3210

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 55.5591 52.6022 53.5807
February 55.9623 53.7282 54.4157
March 54.5095 52.8259 53.8468
April 53.5865 52.4763 52.9343
May 53.5999 52.1713 53.0426
June 53.1124 51.4921 52.1676
July 52.8395 52.1519 52.5626
August 54.6304 52.9782 53.8147
September 54.6578 53.0174 53.6121
October 53.1840 49.5838 51.2101
November 51.4210 49.7904 50.6507
December 52.1758 50.1899 51.4249