YEARLY HIGH
0.0274 AFN
YEARLY LOW
0.0229 AFN
YEARLY AVERAGE
0.0251 AFN

2024 CDF to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CDF to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.0274. Conversely, the yearly low was recorded on October 17, dropping to 0.0229.

This high-to-low spread represents a total annual volatility of 0.0045 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0263 to the December average rate of 0.0243, the exchange rate registered a net change of -7.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0274 was down 38.04% compared to the 2023 peak of 0.0443, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 137 AFN
2023 Average 180 AFN
Yearly Trough Low 114 AFN
Transaction Impact: A difference of 22.69 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0269
0.0232
JanuMarcMayJulySeptNove

CDF 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 0.0259, compared to 0.0243 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0259
H2 Avg (Jul–Dec) 0.0243

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0015 AFN (High: 0.0273 / Low: 0.0257). On the other end, July was the most stable month, with a tight range of 0.0004 AFN (High: 0.0251 / Low: 0.0247).

January Spread (Volatile) ±0.0015
July Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between October and December, 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 0.0009 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0265) against the same month in 2023 (average: 0.0435), the exchange rate shifted by -0.0169 (-38.93%).

2024 Avg (February) 0.0265
2023 Avg (February) 0.0435

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0273 0.0257 0.0263
February 0.0274 0.0261 0.0265
March 0.0264 0.0256 0.0260
April 0.0259 0.0253 0.0257
May 0.0260 0.0249 0.0256
June 0.0257 0.0246 0.0249
July 0.0251 0.0247 0.0249
August 0.0252 0.0245 0.0249
September 0.0250 0.0237 0.0244
October 0.0242 0.0229 0.0235
November 0.0239 0.0234 0.0237
December 0.0247 0.0235 0.0243