YEARLY HIGH
0.0150 XAF
YEARLY LOW
0.0139 XAF
YEARLY AVERAGE
0.0144 XAF

2024 IRR to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IRR to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0150. Conversely, the yearly low was recorded on August 23, dropping to 0.0139.

This high-to-low spread represents a total annual volatility of 0.0011 XAF. From a start-to-finish perspective, comparing the January average rate of 0.0143 to the December average rate of 0.0148, the exchange rate registered a net change of 3.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0150 was up 0.80% compared to the 2023 peak of 0.0149, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 75 XAF
2023 Average 72 XAF
Yearly Trough Low 70 XAF
Transaction Impact: A difference of 5.45 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0149
0.0139
JanuMarcMayJulySeptNove

IRR 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 0.0144, compared to 0.0144 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0144
H2 Avg (Jul–Dec) 0.0144

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0007 XAF (High: 0.0150 / Low: 0.0143). On the other end, March was the most stable month, with a tight range of 0.0002 XAF (High: 0.0145 / Low: 0.0142).

November Spread (Volatile) ±0.0007
March Spread (Stable) ±0.0002

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 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0148) against the same month in 2023 (average: 0.0142), the exchange rate shifted by +0.0006 (+4.42%).

2024 Avg (December) 0.0148
2023 Avg (December) 0.0142

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0144 0.0141 0.0143
February 0.0146 0.0143 0.0145
March 0.0145 0.0142 0.0144
April 0.0147 0.0144 0.0145
May 0.0146 0.0143 0.0144
June 0.0146 0.0142 0.0145
July 0.0145 0.0142 0.0144
August 0.0144 0.0139 0.0141
September 0.0141 0.0139 0.0140
October 0.0145 0.0141 0.0143
November 0.0150 0.0143 0.0147
December 0.0150 0.0147 0.0148