YEARLY HIGH
0.3596 AFN
YEARLY LOW
0.3114 AFN
YEARLY AVERAGE
0.3370 AFN

2024 GYD to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GYD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.3596. Conversely, the yearly low was recorded on October 17, dropping to 0.3114.

This high-to-low spread represents a total annual volatility of 0.0483 AFN. From a start-to-finish perspective, comparing the January average rate of 0.3418 to the December average rate of 0.3320, the exchange rate registered a net change of -2.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3596 was down 16.84% compared to the 2023 peak of 0.4325, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,798 AFN
2023 Average 1,968 AFN
Yearly Trough Low 1,557 AFN
Transaction Impact: A difference of 241.34 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3525
0.3176
JanuMarcMayJulySeptNove

GYD 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 0.3432, compared to 0.3309 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0123 points.

H1 Avg (Jan–Jun) 0.3432
H2 Avg (Jul–Dec) 0.3309

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0216 AFN (High: 0.3559 / Low: 0.3343). On the other end, July was the most stable month, with a tight range of 0.0047 AFN (High: 0.3400 / Low: 0.3353).

January Spread (Volatile) ±0.0216
July Spread (Stable) ±0.0047

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 0.0117 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0117

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.3496) against the same month in 2023 (average: 0.4248), the exchange rate shifted by -0.0753 (-17.71%).

2024 Avg (February) 0.3496
2023 Avg (February) 0.4248

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3559 0.3343 0.3418
February 0.3596 0.3447 0.3496
March 0.3484 0.3373 0.3448
April 0.3452 0.3397 0.3431
May 0.3459 0.3367 0.3426
June 0.3430 0.3325 0.3371
July 0.3400 0.3353 0.3383
August 0.3416 0.3348 0.3387
September 0.3393 0.3251 0.3322
October 0.3285 0.3114 0.3205
November 0.3265 0.3197 0.3235
December 0.3369 0.3224 0.3320