2024 GMD to AFN Historical Review

YEARLY HIGH

1.1161 AFN

YEARLY LOW

0.9307 AFN

YEARLY AVERAGE

1.0255 AFN

2024 GMD to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 1.1161. Conversely, the yearly low was recorded on October 16, dropping to 0.9307.

This high-to-low spread represents a total annual volatility of 0.1854 AFN. From a start-to-finish perspective, comparing the January average rate of 1.0631 to the December average rate of 0.9667, the exchange rate registered a net change of -9.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.1161 was down 25.04% compared to the 2023 peak of 1.4890, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,581 AFN

2023 Average 6,670 AFN

Yearly Trough Low 4,654 AFN

Transaction Impact: A difference of 926.95 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0955

0.9381

JanuMarcMayJulySeptNove

GMD 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 1.0606, compared to 0.9905 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0701 points.

H1 Avg (Jan–Jun) 1.0606

H2 Avg (Jul–Dec) 0.9905

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0841 AFN (High: 1.0148 / Low: 0.9307). On the other end, April was the most stable month, with a tight range of 0.0171 AFN (High: 1.0649 / Low: 1.0478).

October Spread (Volatile) ±0.0841

April Spread (Stable) ±0.0171

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0306 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0306

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 1.0824) against the same month in 2023 (average: 1.4673), the exchange rate shifted by -0.3850 (-26.23%).

2024 Avg (February) 1.0824

2023 Avg (February) 1.4673

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1024	1.0397	1.0631
February	1.1161	1.0677	1.0824
March	1.0739	1.0453	1.0626
April	1.0649	1.0478	1.0573
May	1.0675	1.0402	1.0576
June	1.0586	1.0295	1.0408
July	1.0507	1.0151	1.0433
August	1.0290	0.9966	1.0138
September	1.0172	0.9730	0.9992
October	1.0148	0.9307	0.9686
November	0.9625	0.9362	0.9512
December	0.9790	0.9441	0.9667