YEARLY HIGH
0.3959 AFN
YEARLY LOW
0.3385 AFN
YEARLY AVERAGE
0.3686 AFN

2024 LRD to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.3959. Conversely, the yearly low was recorded on October 17, dropping to 0.3385.

This high-to-low spread represents a total annual volatility of 0.0574 AFN. From a start-to-finish perspective, comparing the January average rate of 0.3782 to the December average rate of 0.3844, the exchange rate registered a net change of 1.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3959 was down 32.58% compared to the 2023 peak of 0.5872, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,980 AFN
2023 Average 2,391 AFN
Yearly Trough Low 1,692 AFN
Transaction Impact: A difference of 287.08 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3881
0.3445
JanuMarcMayJulySeptNove

LRD 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 0.3739, compared to 0.3632 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0107 points.

H1 Avg (Jan–Jun) 0.3739
H2 Avg (Jul–Dec) 0.3632

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0309 AFN (High: 0.3795 / Low: 0.3485). On the other end, July was the most stable month, with a tight range of 0.0065 AFN (High: 0.3659 / Low: 0.3594).

November Spread (Volatile) ±0.0309
July Spread (Stable) ±0.0065

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 February and March, when the average rate fell by 0.0091 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0091

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.3842) against the same month in 2023 (average: 0.5730), the exchange rate shifted by -0.1889 (-32.96%).

2024 Avg (February) 0.3842
2023 Avg (February) 0.5730

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3912 0.3702 0.3782
February 0.3959 0.3788 0.3842
March 0.3791 0.3685 0.3751
April 0.3841 0.3685 0.3725
May 0.3739 0.3636 0.3703
June 0.3700 0.3595 0.3634
July 0.3659 0.3594 0.3630
August 0.3648 0.3548 0.3620
September 0.3632 0.3448 0.3554
October 0.3555 0.3385 0.3481
November 0.3795 0.3485 0.3660
December 0.3906 0.3767 0.3844