YEARLY HIGH
0.4228 AFN
YEARLY LOW
0.3662 AFN
YEARLY AVERAGE
0.3965 AFN

2024 DJF to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DJF to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.4228. Conversely, the yearly low was recorded on October 17, dropping to 0.3662.

This high-to-low spread represents a total annual volatility of 0.0566 AFN. From a start-to-finish perspective, comparing the January average rate of 0.4021 to the December average rate of 0.3903, the exchange rate registered a net change of -2.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4228 was down 17.68% compared to the 2023 peak of 0.5135, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,114 AFN
2023 Average 2,325 AFN
Yearly Trough Low 1,831 AFN
Transaction Impact: A difference of 283.05 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4146
0.3738
JanuMarcMayJulySeptNove

DJF 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 0.4039, compared to 0.3892 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0146 points.

H1 Avg (Jan–Jun) 0.4039
H2 Avg (Jul–Dec) 0.3892

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0260 AFN (High: 0.4181 / Low: 0.3922). On the other end, July was the most stable month, with a tight range of 0.0054 AFN (High: 0.3999 / Low: 0.3945).

January Spread (Volatile) ±0.0260
July Spread (Stable) ±0.0054

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 0.0134 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0134

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.4112) against the same month in 2023 (average: 0.5037), the exchange rate shifted by -0.0925 (-18.37%).

2024 Avg (February) 0.4112
2023 Avg (February) 0.5037

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4181 0.3922 0.4021
February 0.4228 0.4059 0.4112
March 0.4107 0.4003 0.4061
April 0.4069 0.4001 0.4037
May 0.4083 0.3965 0.4034
June 0.4033 0.3914 0.3967
July 0.3999 0.3945 0.3979
August 0.4010 0.3938 0.3986
September 0.3993 0.3824 0.3907
October 0.3859 0.3662 0.3772
November 0.3837 0.3758 0.3805
December 0.3962 0.3786 0.3903