YEARLY HIGH
0.5682 AFN
YEARLY LOW
0.4945 AFN
YEARLY AVERAGE
0.5342 AFN

2024 HTG to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HTG to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.5682. Conversely, the yearly low was recorded on October 17, dropping to 0.4945.

This high-to-low spread represents a total annual volatility of 0.0737 AFN. From a start-to-finish perspective, comparing the January average rate of 0.5434 to the December average rate of 0.5307, the exchange rate registered a net change of -2.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5682 was down 11.33% compared to the 2023 peak of 0.6409, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,841 AFN
2023 Average 2,920 AFN
Yearly Trough Low 2,473 AFN
Transaction Impact: A difference of 368.52 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5585
0.5044
JanuMarcMayJulySeptNove

HTG 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 0.5426, compared to 0.5258 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0168 points.

H1 Avg (Jan–Jun) 0.5426
H2 Avg (Jul–Dec) 0.5258

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0346 AFN (High: 0.5656 / Low: 0.5310). On the other end, July was the most stable month, with a tight range of 0.0070 AFN (High: 0.5381 / Low: 0.5310).

January Spread (Volatile) ±0.0346
July Spread (Stable) ±0.0070

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 0.0182 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0182

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.5540) against the same month in 2023 (average: 0.5969), the exchange rate shifted by -0.0430 (-7.20%).

2024 Avg (February) 0.5540
2023 Avg (February) 0.5969

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5656 0.5310 0.5434
February 0.5682 0.5463 0.5540
March 0.5507 0.5371 0.5447
April 0.5452 0.5364 0.5416
May 0.5454 0.5311 0.5402
June 0.5407 0.5243 0.5317
July 0.5381 0.5310 0.5357
August 0.5423 0.5308 0.5376
September 0.5377 0.5161 0.5271
October 0.5208 0.4945 0.5089
November 0.5191 0.5085 0.5149
December 0.5393 0.5146 0.5307