2024 NPR to AFN Historical Review

YEARLY HIGH

0.5634 AFN

YEARLY LOW

0.4840 AFN

YEARLY AVERAGE

0.5269 AFN

2024 NPR to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NPR to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.5634. Conversely, the yearly low was recorded on October 17, dropping to 0.4840.

This high-to-low spread represents a total annual volatility of 0.0794 AFN. From a start-to-finish perspective, comparing the January average rate of 0.5380 to the December average rate of 0.5109, the exchange rate registered a net change of -5.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5634 was down 19.15% compared to the 2023 peak of 0.6969, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,817 AFN

2023 Average 3,133 AFN

Yearly Trough Low 2,420 AFN

Transaction Impact: A difference of 397.07 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5561

0.4935

JanuMarcMayJulySeptNove

NPR 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 0.5394, compared to 0.5144 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0250 points.

H1 Avg (Jan–Jun) 0.5394

H2 Avg (Jul–Dec) 0.5144

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0388 AFN (High: 0.5604 / Low: 0.5217). On the other end, July was the most stable month, with a tight range of 0.0087 AFN (High: 0.5325 / Low: 0.5239).

January Spread (Volatile) ±0.0388

July Spread (Stable) ±0.0087

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 0.0196 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0196

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.5509) against the same month in 2023 (average: 0.6784), the exchange rate shifted by -0.1275 (-18.80%).

2024 Avg (February) 0.5509

2023 Avg (February) 0.6784

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5604	0.5217	0.5380
February	0.5634	0.5448	0.5509
March	0.5517	0.5317	0.5437
April	0.5420	0.5333	0.5383
May	0.5419	0.5281	0.5374
June	0.5376	0.5211	0.5282
July	0.5325	0.5239	0.5292
August	0.5325	0.5209	0.5279
September	0.5281	0.5080	0.5183
October	0.5116	0.4840	0.4987
November	0.5063	0.4962	0.5015
December	0.5178	0.4976	0.5109