YEARLY HIGH
0.0036 AFN
YEARLY LOW
0.0031 AFN
YEARLY AVERAGE
0.0034 AFN

2024 SLL to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SLL to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.0036. Conversely, the yearly low was recorded on October 17, dropping to 0.0031.

This high-to-low spread represents a total annual volatility of 0.0005 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0034 to the December average rate of 0.0033, the exchange rate registered a net change of -2.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0036 was down 30.72% compared to the 2023 peak of 0.0052, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 18 AFN
2023 Average 22 AFN
Yearly Trough Low 16 AFN
Transaction Impact: A difference of 2.42 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0035
0.0032
JanuMarcMayJulySeptNove

SLL 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 0.0034, compared to 0.0033 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0034
H2 Avg (Jul–Dec) 0.0033

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0002 AFN (High: 0.0035 / Low: 0.0033). On the other end, July was the most stable month, with a tight range of 0.0001 AFN (High: 0.0034 / Low: 0.0033).

January Spread (Volatile) ±0.0002
July Spread (Stable) ±0.0001

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 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0035) against the same month in 2023 (average: 0.0051), the exchange rate shifted by -0.0016 (-31.25%).

2024 Avg (February) 0.0035
2023 Avg (February) 0.0051

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0035 0.0033 0.0034
February 0.0036 0.0034 0.0035
March 0.0035 0.0034 0.0034
April 0.0034 0.0034 0.0034
May 0.0034 0.0034 0.0034
June 0.0034 0.0033 0.0034
July 0.0034 0.0033 0.0034
August 0.0034 0.0033 0.0034
September 0.0034 0.0032 0.0033
October 0.0033 0.0031 0.0032
November 0.0033 0.0032 0.0032
December 0.0034 0.0032 0.0033