YEARLY HIGH
0.0048 AFN
YEARLY LOW
0.0042 AFN
YEARLY AVERAGE
0.0044 AFN

2024 IDR to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IDR to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.0048. Conversely, the yearly low was recorded on November 14, dropping to 0.0042.

This high-to-low spread represents a total annual volatility of 0.0006 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0046 to the December average rate of 0.0043, the exchange rate registered a net change of -5.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0048 was down 22.10% compared to the 2023 peak of 0.0061, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 47,837 AFN
2023 Average 54,342 AFN
Yearly Trough Low 41,918 AFN
Transaction Impact: A difference of 5,919.24 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0047
0.0042
JanuMarcMayJulySeptNove

IDR 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 0.0045, compared to 0.0044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0045
H2 Avg (Jul–Dec) 0.0044

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0003 AFN (High: 0.0046 / Low: 0.0043). On the other end, July was the most stable month, with a tight range of 0.0001 AFN (High: 0.0044 / Low: 0.0043).

August Spread (Volatile) ±0.0003
July Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0047) against the same month in 2023 (average: 0.0059), the exchange rate shifted by -0.0012 (-20.99%).

2024 Avg (February) 0.0047
2023 Avg (February) 0.0059

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0047 0.0045 0.0046
February 0.0048 0.0046 0.0047
March 0.0047 0.0045 0.0046
April 0.0045 0.0044 0.0045
May 0.0045 0.0043 0.0045
June 0.0044 0.0042 0.0043
July 0.0044 0.0043 0.0044
August 0.0046 0.0043 0.0045
September 0.0046 0.0045 0.0045
October 0.0045 0.0042 0.0043
November 0.0044 0.0042 0.0043
December 0.0044 0.0042 0.0043