2024 SRD to AFN Historical Review

YEARLY HIGH

2.4789 AFN

YEARLY LOW

1.8940 AFN

YEARLY AVERAGE

2.1409 AFN

2024 SRD to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 2.4789. Conversely, the yearly low was recorded on January 11, dropping to 1.8940.

This high-to-low spread represents a total annual volatility of 0.5850 AFN. From a start-to-finish perspective, comparing the January average rate of 1.9499 to the December average rate of 1.9714, the exchange rate registered a net change of 1.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.4789 was down 12.79% compared to the 2023 peak of 2.8425, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,395 AFN

2023 Average 11,370 AFN

Yearly Trough Low 9,470 AFN

Transaction Impact: A difference of 2,924.84 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.5121

1.8700

JanuMarcMayJulySeptNove

SRD 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 2.0908, compared to 2.1910 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1002 points.

H1 Avg (Jan–Jun) 2.0908

H2 Avg (Jul–Dec) 2.1910

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.2954 AFN (High: 2.2334 / Low: 1.9380). On the other end, August was the most stable month, with a tight range of 0.0386 AFN (High: 2.4789 / Low: 2.4403).

October Spread (Volatile) ±0.2954

August Spread (Stable) ±0.0386

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.2752 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.2752

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2.4586) against the same month in 2023 (average: 2.2059), the exchange rate shifted by +0.2527 (+11.46%).

2024 Avg (August) 2.4586

2023 Avg (August) 2.2059

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0237	1.8940	1.9499
February	2.0684	1.9755	2.0241
March	2.0733	2.0192	2.0489
April	2.1293	2.0414	2.0741
May	2.2500	2.1221	2.1979
June	2.3044	2.2005	2.2500
July	2.4591	2.2962	2.3840
August	2.4789	2.4403	2.4586
September	2.4538	2.2149	2.3417
October	2.2334	1.9380	2.0665
November	1.9544	1.8950	1.9235
December	2.0092	1.9098	1.9714