2024 TWD to AFN Historical Review

YEARLY HIGH

2.3974 AFN

YEARLY LOW

2.0288 AFN

YEARLY AVERAGE

2.1976 AFN

2024 TWD to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TWD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 2.3974. Conversely, the yearly low was recorded on October 17, dropping to 2.0288.

This high-to-low spread represents a total annual volatility of 0.3686 AFN. From a start-to-finish perspective, comparing the January average rate of 2.2934 to the December average rate of 2.1313, the exchange rate registered a net change of -7.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3974 was down 20.77% compared to the 2023 peak of 3.0257, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,987 AFN

2023 Average 13,300 AFN

Yearly Trough Low 10,144 AFN

Transaction Impact: A difference of 1,843.13 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3522

2.0664

JanuMarcMayJulySeptNove

TWD 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 2.2527, compared to 2.1424 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1103 points.

H1 Avg (Jan–Jun) 2.2527

H2 Avg (Jul–Dec) 2.1424

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.1259 AFN (High: 2.3778 / Low: 2.2519). On the other end, July was the most stable month, with a tight range of 0.0529 AFN (High: 2.1931 / Low: 2.1402).

January Spread (Volatile) ±0.1259

July Spread (Stable) ±0.0529

Growth Streaks & Declines

Trends

Between October and December, 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 0.0851 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0851

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 2.3284) against the same month in 2023 (average: 2.9617), the exchange rate shifted by -0.6334 (-21.38%).

2024 Avg (February) 2.3284

2023 Avg (February) 2.9617

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3778	2.2519	2.2934
February	2.3974	2.2931	2.3284
March	2.3176	2.2211	2.2785
April	2.2551	2.1948	2.2193
May	2.2498	2.1706	2.2193
June	2.2090	2.1516	2.1773
July	2.1931	2.1402	2.1686
August	2.2319	2.1411	2.1964
September	2.2159	2.1414	2.1753
October	2.1471	2.0288	2.0902
November	2.1235	2.0574	2.0928
December	2.1628	2.0827	2.1313