2024 BOB to AFN Historical Review

YEARLY HIGH

10.8878 AFN

YEARLY LOW

9.4220 AFN

YEARLY AVERAGE

10.2010 AFN

2024 BOB to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 10.8878. Conversely, the yearly low was recorded on October 17, dropping to 9.4220.

This high-to-low spread represents a total annual volatility of 1.4657 AFN. From a start-to-finish perspective, comparing the January average rate of 10.3542 to the December average rate of 10.0474, the exchange rate registered a net change of -2.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 10.8878 was down 17.75% compared to the 2023 peak of 13.2371, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 54,439 AFN

2023 Average 59,867 AFN

Yearly Trough Low 47,110 AFN

Transaction Impact: A difference of 7,328.64 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

10.6739

9.6071

JanuMarcMayJulySeptNove

BOB 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 10.3896, compared to 10.0124 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3771 points.

H1 Avg (Jan–Jun) 10.3896

H2 Avg (Jul–Dec) 10.0124

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.6548 AFN (High: 10.7758 / Low: 10.1210). On the other end, July was the most stable month, with a tight range of 0.1444 AFN (High: 10.2943 / Low: 10.1498).

January Spread (Volatile) ±0.6548

July Spread (Stable) ±0.1444

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 0.3582 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3582

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 10.5850) against the same month in 2023 (average: 12.9728), the exchange rate shifted by -2.3879 (-18.41%).

2024 Avg (February) 10.5850

2023 Avg (February) 12.9728

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.7758	10.1210	10.3542
February	10.8878	10.4320	10.5850
March	10.5654	10.2807	10.4469
April	10.4509	10.2580	10.3725
May	10.4651	10.1854	10.3731
June	10.3687	10.0661	10.2057
July	10.2943	10.1498	10.2429
August	10.3431	10.1364	10.2530
September	10.2735	9.8235	10.0542
October	9.9449	9.4220	9.6960
November	9.8638	9.6497	9.7813
December	10.1950	9.7573	10.0474