2024 BND to XAF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BND to XAF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BND to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 469.1695. Conversely, the yearly low was recorded on June 3, dropping to 445.5471.
This high-to-low spread represents a total annual volatility of 23.6225 XAF. From a start-to-finish perspective, comparing the January average rate of 450.3541 to the December average rate of 463.9994, the exchange rate registered a net change of 3.03% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 469.1695 was up 0.85% compared to the 2023 peak of 465.2009, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BND to XAF 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 450.5539, compared to 456.9863 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.4324 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 11.6129 XAF (High: 467.2733 / Low: 455.6603). On the other end, July was the most stable month, with a tight range of 4.5800 XAF (High: 451.0925 / Low: 446.5126).
Growth Streaks & Declines
TrendsBetween July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 2.2236 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 463.9994) against the same month in 2023 (average: 450.7570), the exchange rate shifted by +13.2424 (+2.94%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 453.8038 | 448.2688 | 450.3541 |
| February | 455.3724 | 449.8447 | 451.9231 |
| March | 452.5151 | 446.0915 | 450.1243 |
| April | 454.5873 | 447.9980 | 451.1542 |
| May | 452.2389 | 446.0320 | 448.9306 |
| June | 453.7569 | 445.5471 | 450.8372 |
| July | 451.0925 | 446.5126 | 448.8967 |
| August | 455.6699 | 447.4040 | 452.2765 |
| September | 459.7888 | 453.0573 | 455.4141 |
| October | 462.0615 | 456.0033 | 459.4220 |
| November | 467.2733 | 455.6603 | 461.9092 |
| December | 469.1695 | 461.9216 | 463.9994 |