YEARLY HIGH
0.0977 PHP
YEARLY LOW
0.0917 PHP
YEARLY AVERAGE
0.0945 PHP

2024 XAF to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XAF to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 0.0977. Conversely, the yearly low was recorded on February 13, dropping to 0.0917.

This high-to-low spread represents a total annual volatility of 0.0060 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0931 to the December average rate of 0.0933, the exchange rate registered a net change of 0.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0977 was up 3.30% compared to the 2023 peak of 0.0946, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 489 PHP
2023 Average 459 PHP
Yearly Trough Low 458 PHP
Transaction Impact: A difference of 30.19 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0972
0.0917
JanuMarcMayJulySeptNove

XAF to PHP 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 0.0938, compared to 0.0952 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0938
H2 Avg (Jul–Dec) 0.0952

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0037 PHP (High: 0.0973 / Low: 0.0936). On the other end, July was the most stable month, with a tight range of 0.0011 PHP (High: 0.0973 / Low: 0.0962).

November Spread (Volatile) ±0.0037
July Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between February and July, 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 November and December, when the average rate fell by 0.0018 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.0963) against the same month in 2023 (average: 0.0923), the exchange rate shifted by +0.0041 (+4.39%).

2024 Avg (June) 0.0963
2023 Avg (June) 0.0923

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0940 0.0926 0.0931
February 0.0930 0.0917 0.0922
March 0.0935 0.0921 0.0927
April 0.0945 0.0919 0.0932
May 0.0969 0.0937 0.0952
June 0.0977 0.0955 0.0963
July 0.0973 0.0962 0.0968
August 0.0966 0.0948 0.0957
September 0.0955 0.0943 0.0949
October 0.0967 0.0942 0.0955
November 0.0973 0.0936 0.0951
December 0.0945 0.0919 0.0933