2024 FKP to XAF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
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 July and August, when the average rate fell by 7.4351 points.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |