2024 BGN to XAF Historical Review

YEARLY HIGH

336.9801 XAF

YEARLY LOW

333.4913 XAF

YEARLY AVERAGE

335.3687 XAF

2024 BGN to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 1, valuing the pair at 336.9801. Conversely, the yearly low was recorded on November 24, dropping to 333.4913.

This high-to-low spread represents a total annual volatility of 3.4888 XAF. From a start-to-finish perspective, comparing the January average rate of 335.3358 to the December average rate of 335.4328, the exchange rate registered a net change of 0.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 336.9801 was down 0.44% compared to the 2023 peak of 338.4529, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,684,900 XAF

2023 Average 1,676,294 XAF

Yearly Trough Low 1,667,456 XAF

Transaction Impact: A difference of 17,443.87 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

335.4806

335.3041

JanuMarcMayJulySeptNove

BGN to XAF 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 335.3791, compared to 335.3584 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0207 points.

H1 Avg (Jan–Jun) 335.3791

H2 Avg (Jul–Dec) 335.3584

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 3.1409 XAF (High: 336.6322 / Low: 333.4913). On the other end, October was the most stable month, with a tight range of 0.7413 XAF (High: 335.6563 / Low: 334.9150).

November Spread (Volatile) ±3.1409

October Spread (Stable) ±0.7413

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1158 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1158

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 335.4659) against the same month in 2023 (average: 334.9479), the exchange rate shifted by +0.5180 (+0.15%).

2024 Avg (April) 335.4659

2023 Avg (April) 334.9479

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	336.0014	335.0164	335.3358
February	335.6821	334.8336	335.3456
March	336.2459	333.7902	335.3660
April	336.9801	334.8841	335.4659
May	335.9674	333.9004	335.3500
June	336.4400	334.7974	335.4113
July	336.4064	334.8283	335.3188
August	335.7442	334.7913	335.3587
September	335.8923	333.8557	335.3402
October	335.6563	334.9150	335.3563
November	336.6322	333.4913	335.3435
December	336.7474	334.7583	335.4328