YEARLY HIGH
0.5072 AFN
YEARLY LOW
0.4281 AFN
YEARLY AVERAGE
0.4660 AFN

2024 JPY to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.5072. Conversely, the yearly low was recorded on November 14, dropping to 0.4281.

This high-to-low spread represents a total annual volatility of 0.0791 AFN. From a start-to-finish perspective, comparing the January average rate of 0.4894 to the December average rate of 0.4508, the exchange rate registered a net change of -7.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5072 was down 27.71% compared to the 2023 peak of 0.7016, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 253,592 AFN
2023 Average 295,860 AFN
Yearly Trough Low 214,057 AFN
Transaction Impact: A difference of 39,534.07 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4942
0.4363
JanuMarcMayJulySeptNove

JPY 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 0.4722, compared to 0.4598 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) 0.4722
H2 Avg (Jul–Dec) 0.4598

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0385 AFN (High: 0.4703 / Low: 0.4318). On the other end, December was the most stable month, with a tight range of 0.0154 AFN (High: 0.4600 / Low: 0.4445).

October Spread (Volatile) ±0.0385
December Spread (Stable) ±0.0154

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 0.0382 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0382

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.4891) against the same month in 2023 (average: 0.6733), the exchange rate shifted by -0.1842 (-27.36%).

2024 Avg (February) 0.4891
2023 Avg (February) 0.6733

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5056 0.4820 0.4894
February 0.5072 0.4817 0.4891
March 0.4941 0.4687 0.4820
April 0.4766 0.4540 0.4661
May 0.4725 0.4483 0.4603
June 0.4574 0.4366 0.4461
July 0.4710 0.4370 0.4493
August 0.4928 0.4758 0.4842
September 0.4989 0.4718 0.4859
October 0.4703 0.4318 0.4477
November 0.4541 0.4281 0.4411
December 0.4600 0.4445 0.4508