YEARLY HIGH
18.8159 AFN
YEARLY LOW
15.3742 AFN
YEARLY AVERAGE
17.7153 AFN

2024 PLN to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 18.8159. Conversely, the yearly low was recorded on January 1, dropping to 15.3742.

This high-to-low spread represents a total annual volatility of 3.4417 AFN. From a start-to-finish perspective, comparing the January average rate of 17.8078 to the December average rate of 17.0284, the exchange rate registered a net change of -4.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 18.8159 was down 14.49% compared to the 2023 peak of 22.0043, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 376,319 AFN
2023 Average 394,035 AFN
Yearly Trough Low 307,484 AFN
Transaction Impact: A difference of 68,834.89 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

18.4284
16.4352
JanuMarcMayJulySeptNove

PLN 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 17.9716, compared to 17.4590 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5126 points.

H1 Avg (Jan–Jun) 17.9716
H2 Avg (Jul–Dec) 17.4590

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 3.1732 AFN (High: 18.5474 / Low: 15.3742). On the other end, July was the most stable month, with a tight range of 0.5494 AFN (High: 18.1602 / Low: 17.6108).

January Spread (Volatile) ±3.1732
July Spread (Stable) ±0.5494

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 1.1162 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.1162

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 18.2623) against the same month in 2023 (average: 20.2264), the exchange rate shifted by -1.9641 (-9.71%).

2024 Avg (February) 18.2623
2023 Avg (February) 20.2264

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.5474 15.3742 17.8078
February 18.8159 17.9067 18.2623
March 18.5074 17.7530 18.2153
April 18.3037 17.5622 17.8848
May 18.4081 17.7571 18.0944
June 18.2145 17.1026 17.5653
July 18.1602 17.6108 17.9393
August 18.6334 17.7978 18.1932
September 18.3739 17.7084 18.0540
October 17.6179 16.3594 16.9378
November 17.0368 16.2108 16.6013
December 17.2896 16.5985 17.0284