2024 RON to AFN Historical Review

YEARLY HIGH

16.3342 AFN

YEARLY LOW

14.1314 AFN

YEARLY AVERAGE

15.3366 AFN

2024 RON to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RON to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 16.3342. Conversely, the yearly low was recorded on November 22, dropping to 14.1314.

This high-to-low spread represents a total annual volatility of 2.2028 AFN. From a start-to-finish perspective, comparing the January average rate of 15.6859 to the December average rate of 14.6137, the exchange rate registered a net change of -6.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 16.3342 was down 19.69% compared to the 2023 peak of 20.3401, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 81,671 AFN

2023 Average 90,469 AFN

Yearly Trough Low 70,657 AFN

Transaction Impact: A difference of 11,014.05 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

16.0184

14.3049

JanuMarcMayJulySeptNove

RON 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 15.6067, compared to 15.0665 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5402 points.

H1 Avg (Jan–Jun) 15.6067

H2 Avg (Jul–Dec) 15.0665

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 1.0828 AFN (High: 15.2515 / Low: 14.1687). On the other end, July was the most stable month, with a tight range of 0.2738 AFN (High: 15.5506 / Low: 15.2768).

October Spread (Volatile) ±1.0828

July Spread (Stable) ±0.2738

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 0.8264 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.8264

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 15.8756) against the same month in 2023 (average: 19.5471), the exchange rate shifted by -3.6715 (-18.78%).

2024 Avg (February) 15.8756

2023 Avg (February) 19.5471

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.1399	15.3843	15.6859
February	16.3342	15.6310	15.8756
March	16.0063	15.4289	15.7815
April	15.7197	15.2318	15.4728
May	15.7731	15.3581	15.5748
June	15.6299	15.0441	15.2499
July	15.5506	15.2768	15.4426
August	15.9691	15.3906	15.6800
September	15.8394	15.2431	15.5208
October	15.2515	14.1687	14.6944
November	14.7645	14.1314	14.4477
December	14.8168	14.2867	14.6137