YEARLY HIGH
796.9692 XAF
YEARLY LOW
756.4633 XAF
YEARLY AVERAGE
774.7365 XAF

2024 FKP to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 796.9692. Conversely, the yearly low was recorded on January 1, dropping to 756.4633.

This high-to-low spread represents a total annual volatility of 40.5060 XAF. From a start-to-finish perspective, comparing the January average rate of 764.0621 to the December average rate of 791.3969, the exchange rate registered a net change of 3.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 796.9692 was up 3.46% compared to the 2023 peak of 770.2895, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,984,846 XAF
2023 Average 3,769,169 XAF
Yearly Trough Low 3,782,316 XAF
Transaction Impact: A difference of 202,529.96 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

794.1304
761.3286
JanuMarcMayJulySeptNove

FKP 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 767.4629, compared to 782.0100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.5471 points.

H1 Avg (Jan–Jun) 767.4629
H2 Avg (Jul–Dec) 782.0100

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 18.0883 XAF (High: 779.3849 / Low: 761.2965). On the other end, February was the most stable month, with a tight range of 5.8084 XAF (High: 771.2312 / Low: 765.4228).

August Spread (Volatile) ±18.0883
February Spread (Stable) ±5.8084

Growth Streaks & Declines

Trends

Between 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 July and August, when the average rate fell by 7.4351 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -7.4351

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 791.3969) against the same month in 2023 (average: 760.6455), the exchange rate shifted by +30.7514 (+4.04%).

2024 Avg (December) 791.3969
2023 Avg (December) 760.6455

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 769.7886 756.4633 764.0621
February 771.2312 765.4228 767.5673
March 770.7127 761.2308 766.7671
April 768.9135 760.2990 765.3612
May 771.3085 762.0301 766.5328
June 779.1376 769.5783 774.4869
July 781.3836 772.5477 777.7453
August 779.3849 761.2965 770.3102
September 788.1901 776.4532 780.5330
October 788.7959 777.3057 785.2618
November 791.9289 779.3729 786.8131
December 796.9692 788.0383 791.3969