2024 CNY to XAF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CNY to XAF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CNY to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 86.9797. Conversely, the yearly low was recorded on August 23, dropping to 82.2030.
This high-to-low spread represents a total annual volatility of 4.7767 XAF. From a start-to-finish perspective, comparing the January average rate of 84.5564 to the December average rate of 86.0263, the exchange rate registered a net change of 1.74% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 86.9797 was down 3.99% compared to the 2023 peak of 90.5923, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 CNY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CNY 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 84.5103, compared to 84.4331 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0772 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was April, with a trading range of 3.1617 XAF (High: 86.6795 / Low: 83.5178). On the other end, September was the most stable month, with a tight range of 0.8376 XAF (High: 83.9271 / Low: 83.0895).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.1880 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 86.0263) against the same month in 2023 (average: 84.3672), the exchange rate shifted by +1.6591 (+1.97%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 85.4733 | 83.3504 | 84.5564 |
| February | 85.7878 | 83.9982 | 84.9000 |
| March | 84.5983 | 83.2702 | 83.8436 |
| April | 86.6795 | 83.5178 | 84.6436 |
| May | 86.2118 | 83.3828 | 84.6503 |
| June | 86.1980 | 83.0393 | 84.4679 |
| July | 84.2830 | 82.5805 | 83.2799 |
| August | 84.2010 | 82.2030 | 83.2689 |
| September | 83.9271 | 83.0895 | 83.4587 |
| October | 85.3834 | 84.3147 | 84.9084 |
| November | 86.9306 | 84.4581 | 85.6566 |
| December | 86.9797 | 85.3134 | 86.0263 |