2024 SYP to AFN Historical Review

YEARLY HIGH

0.0300 AFN

YEARLY LOW

0.0054 AFN

YEARLY AVERAGE

0.0274 AFN

2024 SYP to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SYP to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.0300. Conversely, the yearly low was recorded on December 22, dropping to 0.0054.

This high-to-low spread represents a total annual volatility of 0.0246 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0285 to the December average rate of 0.0196, the exchange rate registered a net change of -31.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0300 was down 17.76% compared to the 2023 peak of 0.0364, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 150 AFN

2023 Average 165 AFN

Yearly Trough Low 27 AFN

Transaction Impact: A difference of 122.87 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0301

0.0187

JanuMarcMayJulySeptNove

SYP 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 0.0286, compared to 0.0262 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0286

H2 Avg (Jul–Dec) 0.0262

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0226 AFN (High: 0.0280 / Low: 0.0054). On the other end, July was the most stable month, with a tight range of 0.0004 AFN (High: 0.0283 / Low: 0.0279).

December Spread (Volatile) ±0.0226

July Spread (Stable) ±0.0004

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 November and December, when the average rate fell by 0.0073 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0291) against the same month in 2023 (average: 0.0357), the exchange rate shifted by -0.0066 (-18.39%).

2024 Avg (February) 0.0291

2023 Avg (February) 0.0357

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0296	0.0278	0.0285
February	0.0300	0.0287	0.0291
March	0.0291	0.0282	0.0287
April	0.0288	0.0283	0.0286
May	0.0288	0.0281	0.0285
June	0.0286	0.0278	0.0281
July	0.0283	0.0279	0.0282
August	0.0283	0.0279	0.0282
September	0.0283	0.0271	0.0277
October	0.0274	0.0259	0.0267
November	0.0272	0.0266	0.0269
December	0.0280	0.0054	0.0196