YEARLY HIGH
37.3262 AFN
YEARLY LOW
32.2988 AFN
YEARLY AVERAGE
34.9912 AFN

2024 BZD to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BZD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 37.3262. Conversely, the yearly low was recorded on October 17, dropping to 32.2988.

This high-to-low spread represents a total annual volatility of 5.0273 AFN. From a start-to-finish perspective, comparing the January average rate of 35.4950 to the December average rate of 34.5044, the exchange rate registered a net change of -2.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 37.3262 was down 17.73% compared to the 2023 peak of 45.3729, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 186,631 AFN
2023 Average 205,271 AFN
Yearly Trough Low 161,494 AFN
Transaction Impact: A difference of 25,136.59 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

36.5970
32.9585
JanuMarcMayJulySeptNove

BZD 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 35.6348, compared to 34.3476 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2873 points.

H1 Avg (Jan–Jun) 35.6348
H2 Avg (Jul–Dec) 34.3476

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 2.2464 AFN (High: 36.9421 / Low: 34.6957). On the other end, July was the most stable month, with a tight range of 0.4942 AFN (High: 35.2896 / Low: 34.7954).

January Spread (Volatile) ±2.2464
July Spread (Stable) ±0.4942

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 1.2161 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.2161

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 36.2938) against the same month in 2023 (average: 44.4722), the exchange rate shifted by -8.1785 (-18.39%).

2024 Avg (February) 36.2938
2023 Avg (February) 44.4722

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 36.9421 34.6957 35.4950
February 37.3262 35.8085 36.2938
March 36.2191 35.3292 35.8311
April 35.8602 35.2968 35.6278
May 35.8947 34.9690 35.5724
June 35.6196 34.5075 34.9890
July 35.2896 34.7954 35.1175
August 35.4584 34.7462 35.1546
September 35.2179 33.7395 34.4778
October 34.0941 32.2988 33.2617
November 33.8903 33.1994 33.5694
December 35.0738 33.4495 34.5044