2024 XDR to AFN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 XDR to AFN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the XDR to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 99.6034. Conversely, the yearly low was recorded on October 17, dropping to 87.1181.
This high-to-low spread represents a total annual volatility of 12.4854 AFN. From a start-to-finish perspective, comparing the January average rate of 95.5180 to the December average rate of 91.0603, the exchange rate registered a net change of -4.67% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 99.6034 was down 19.29% compared to the 2023 peak of 123.4092, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 XDR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
XDR 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 95.2104, compared to 92.0474 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.1629 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 5.9985 AFN (High: 93.1166 / Low: 87.1181). On the other end, July was the most stable month, with a tight range of 1.1577 AFN (High: 94.1319 / Low: 92.9742).
Growth Streaks & Declines
TrendsBetween 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 3.9412 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2024: 97.1151) against the same month in 2023 (average: 120.0811), the exchange rate shifted by -22.9660 (-19.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 99.1644 | 93.3247 | 95.5180 |
| February | 99.6034 | 96.0224 | 97.1151 |
| March | 96.8514 | 94.3912 | 95.9927 |
| April | 95.6976 | 94.2624 | 94.8067 |
| May | 95.5101 | 93.3075 | 94.7379 |
| June | 95.0116 | 92.0479 | 93.0918 |
| July | 94.1319 | 92.9742 | 93.5759 |
| August | 95.5935 | 93.0601 | 94.5972 |
| September | 95.5866 | 91.9363 | 93.7692 |
| October | 93.1166 | 87.1181 | 89.8280 |
| November | 91.1101 | 88.3407 | 89.4541 |
| December | 92.3926 | 88.6435 | 91.0603 |