2024 GNF to XAF Historical Review

YEARLY HIGH

0.0734 XAF

YEARLY LOW

0.0678 XAF

YEARLY AVERAGE

0.0704 XAF

2024 GNF to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0734. Conversely, the yearly low was recorded on September 24, dropping to 0.0678.

This high-to-low spread represents a total annual volatility of 0.0055 XAF. From a start-to-finish perspective, comparing the January average rate of 0.0700 to the December average rate of 0.0726, the exchange rate registered a net change of 3.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0734 was up 0.85% compared to the 2023 peak of 0.0727, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 367 XAF

2023 Average 352 XAF

Yearly Trough Low 339 XAF

Transaction Impact: A difference of 27.65 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0730

0.0679

JanuMarcMayJulySeptNove

GNF 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 0.0706, compared to 0.0702 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0706

H2 Avg (Jul–Dec) 0.0702

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0035 XAF (High: 0.0731 / Low: 0.0695). On the other end, May was the most stable month, with a tight range of 0.0011 XAF (High: 0.0712 / Low: 0.0701).

November Spread (Volatile) ±0.0035

May Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0726) against the same month in 2023 (average: 0.0698), the exchange rate shifted by +0.0028 (+3.96%).

2024 Avg (December) 0.0726

2023 Avg (December) 0.0698

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0707	0.0689	0.0700
February	0.0712	0.0701	0.0706
March	0.0709	0.0696	0.0702
April	0.0719	0.0703	0.0712
May	0.0712	0.0701	0.0706
June	0.0714	0.0699	0.0708
July	0.0710	0.0696	0.0702
August	0.0706	0.0678	0.0691
September	0.0689	0.0678	0.0683
October	0.0705	0.0683	0.0697
November	0.0731	0.0695	0.0716
December	0.0734	0.0718	0.0726