2024 SAR to AFN Historical Review

YEARLY HIGH

20.0670 AFN

YEARLY LOW

17.3294 AFN

YEARLY AVERAGE

18.7924 AFN

2024 SAR to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 20.0670. Conversely, the yearly low was recorded on October 17, dropping to 17.3294.

This high-to-low spread represents a total annual volatility of 2.7375 AFN. From a start-to-finish perspective, comparing the January average rate of 19.0752 to the December average rate of 18.4812, the exchange rate registered a net change of -3.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 20.0670 was down 17.75% compared to the 2023 peak of 24.3969, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 100,335 AFN

2023 Average 110,228 AFN

Yearly Trough Low 86,647 AFN

Transaction Impact: A difference of 13,687.61 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

19.6754

17.7009

JanuMarcMayJulySeptNove

SAR 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 19.1476, compared to 18.4373 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7103 points.

H1 Avg (Jan–Jun) 19.1476

H2 Avg (Jul–Dec) 18.4373

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 1.1691 AFN (High: 19.8205 / Low: 18.6513). On the other end, July was the most stable month, with a tight range of 0.2805 AFN (High: 18.9782 / Low: 18.6977).

January Spread (Volatile) ±1.1691

July Spread (Stable) ±0.2805

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 0.6585 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.6585

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 19.5109) against the same month in 2023 (average: 23.8977), the exchange rate shifted by -4.3868 (-18.36%).

2024 Avg (February) 19.5109

2023 Avg (February) 23.8977

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.8205	18.6513	19.0752
February	20.0670	19.2499	19.5109
March	19.4648	18.9242	19.2466
April	19.2869	18.9657	19.1391
May	19.2841	18.7959	19.1105
June	19.1273	18.6050	18.8031
July	18.9782	18.6977	18.8645
August	18.9678	18.6466	18.8677
September	18.9115	18.1277	18.5240
October	18.3180	17.3294	17.8655
November	18.1963	17.7974	18.0208
December	18.7692	17.9662	18.4812