2024 INR to AFN Historical Review

YEARLY HIGH

0.9067 AFN

YEARLY LOW

0.7744 AFN

YEARLY AVERAGE

0.8428 AFN

2024 INR to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the INR to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.9067. Conversely, the yearly low was recorded on October 17, dropping to 0.7744.

This high-to-low spread represents a total annual volatility of 0.1322 AFN. From a start-to-finish perspective, comparing the January average rate of 0.8608 to the December average rate of 0.8167, the exchange rate registered a net change of -5.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9067 was down 18.64% compared to the 2023 peak of 1.1144, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 226,664 AFN

2023 Average 250,540 AFN

Yearly Trough Low 193,606 AFN

Transaction Impact: A difference of 33,058.02 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8902

0.7899

JanuMarcMayJulySeptNove

INR 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 0.8628, compared to 0.8228 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0400 points.

H1 Avg (Jan–Jun) 0.8628

H2 Avg (Jul–Dec) 0.8228

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0548 AFN (High: 0.8950 / Low: 0.8402). On the other end, August was the most stable month, with a tight range of 0.0145 AFN (High: 0.8478 / Low: 0.8333).

January Spread (Volatile) ±0.0548

August Spread (Stable) ±0.0145

Growth Streaks & Declines

Trends

Between October and December, 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 0.0312 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0312

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.8819) against the same month in 2023 (average: 1.0850), the exchange rate shifted by -0.2031 (-18.72%).

2024 Avg (February) 0.8819

2023 Avg (February) 1.0850

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8950	0.8402	0.8608
February	0.9067	0.8699	0.8819
March	0.8814	0.8490	0.8691
April	0.8670	0.8514	0.8606
May	0.8674	0.8447	0.8598
June	0.8597	0.8347	0.8448
July	0.8526	0.8378	0.8464
August	0.8478	0.8333	0.8440
September	0.8454	0.8123	0.8294
October	0.8188	0.7744	0.7983
November	0.8098	0.7931	0.8022
December	0.8272	0.7971	0.8167