YEARLY HIGH
0.0562 AFN
YEARLY LOW
0.0474 AFN
YEARLY AVERAGE
0.0517 AFN

2024 KRW to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KRW to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.0562. Conversely, the yearly low was recorded on December 7, dropping to 0.0474.

This high-to-low spread represents a total annual volatility of 0.0088 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0540 to the December average rate of 0.0482, the exchange rate registered a net change of -10.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0562 was down 23.60% compared to the 2023 peak of 0.0736, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 281,020 AFN
2023 Average 316,992 AFN
Yearly Trough Low 236,801 AFN
Transaction Impact: A difference of 44,219.72 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0556
0.0475
JanuMarcMayJulySeptNove

KRW 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 0.0532, compared to 0.0503 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.0532
H2 Avg (Jul–Dec) 0.0503

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0042 AFN (High: 0.0517 / Low: 0.0475). On the other end, July was the most stable month, with a tight range of 0.0011 AFN (High: 0.0517 / Low: 0.0506).

October Spread (Volatile) ±0.0042
July Spread (Stable) ±0.0011

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 0.0030 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0549) against the same month in 2023 (average: 0.0701), the exchange rate shifted by -0.0152 (-21.66%).

2024 Avg (February) 0.0549
2023 Avg (February) 0.0701

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0557 0.0532 0.0540
February 0.0562 0.0543 0.0549
March 0.0553 0.0528 0.0542
April 0.0533 0.0516 0.0524
May 0.0535 0.0510 0.0526
June 0.0519 0.0503 0.0511
July 0.0517 0.0506 0.0512
August 0.0536 0.0511 0.0524
September 0.0530 0.0514 0.0523
October 0.0517 0.0475 0.0493
November 0.0492 0.0477 0.0485
December 0.0490 0.0474 0.0482