YEARLY HIGH
0.6929 AFN
YEARLY LOW
0.6009 AFN
YEARLY AVERAGE
0.6517 AFN

2024 RSD to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.6929. Conversely, the yearly low was recorded on November 22, dropping to 0.6009.

This high-to-low spread represents a total annual volatility of 0.0920 AFN. From a start-to-finish perspective, comparing the January average rate of 0.6657 to the December average rate of 0.6216, the exchange rate registered a net change of -6.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6929 was down 19.08% compared to the 2023 peak of 0.8563, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,464 AFN
2023 Average 3,816 AFN
Yearly Trough Low 3,004 AFN
Transaction Impact: A difference of 460.05 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6798
0.6089
JanuMarcMayJulySeptNove

RSD 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 0.6627, compared to 0.6407 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0220 points.

H1 Avg (Jan–Jun) 0.6627
H2 Avg (Jul–Dec) 0.6407

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0462 AFN (High: 0.6486 / Low: 0.6024). On the other end, July was the most stable month, with a tight range of 0.0108 AFN (High: 0.6603 / Low: 0.6495).

October Spread (Volatile) ±0.0462
July Spread (Stable) ±0.0108

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 0.0349 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0349

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.6739) against the same month in 2023 (average: 0.8178), the exchange rate shifted by -0.1439 (-17.59%).

2024 Avg (February) 0.6739
2023 Avg (February) 0.8178

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6853 0.6525 0.6657
February 0.6929 0.6639 0.6739
March 0.6788 0.6544 0.6695
April 0.6668 0.6468 0.6572
May 0.6699 0.6522 0.6615
June 0.6637 0.6399 0.6483
July 0.6603 0.6495 0.6561
August 0.6789 0.6542 0.6670
September 0.6729 0.6481 0.6597
October 0.6486 0.6024 0.6248
November 0.6281 0.6009 0.6148
December 0.6303 0.6077 0.6216