2021 TOP to AFN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 TOP to AFN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the TOP to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 51.4684. Conversely, the yearly low was recorded on February 6, dropping to 33.5017.
This high-to-low spread represents a total annual volatility of 17.9667 AFN. From a start-to-finish perspective, comparing the January average rate of 33.8967 to the December average rate of 44.6066, the exchange rate registered a net change of 31.60% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 51.4684 was up 49.31% compared to the 2020 peak of 34.4717, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
TOP to AFN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 34.2426, compared to 39.3854 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.1428 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 9.4753 AFN (High: 51.4684 / Low: 41.9931). On the other end, June was the most stable month, with a tight range of 0.5885 AFN (High: 35.4362 / Low: 34.8477).
Growth Streaks & Declines
TrendsBetween February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.2094 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 44.6066) against the same month in 2020 (average: 33.7452), the exchange rate shifted by +10.8614 (+32.19%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 34.2036 | 33.6099 | 33.8967 |
| February | 34.4206 | 33.5017 | 33.6873 |
| March | 34.4025 | 33.6498 | 33.9713 |
| April | 34.4370 | 33.7143 | 34.1403 |
| May | 35.1441 | 34.1961 | 34.5513 |
| June | 35.4362 | 34.8477 | 35.2086 |
| July | 36.3553 | 35.0781 | 35.4325 |
| August | 38.1493 | 35.3297 | 36.7250 |
| September | 39.4009 | 37.6821 | 38.4916 |
| October | 40.6016 | 39.3526 | 39.9865 |
| November | 42.1399 | 40.3968 | 41.0700 |
| December | 51.4684 | 41.9931 | 44.6066 |