2024 MAD to XAF Historical Review

YEARLY HIGH

63.4633 XAF

YEARLY LOW

59.6930 XAF

YEARLY AVERAGE

61.0079 XAF

2024 MAD to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 63.4633. Conversely, the yearly low was recorded on March 20, dropping to 59.6930.

This high-to-low spread represents a total annual volatility of 3.7703 XAF. From a start-to-finish perspective, comparing the January average rate of 60.4164 to the December average rate of 62.5378, the exchange rate registered a net change of 3.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 63.4633 was up 2.54% compared to the 2023 peak of 61.8933, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 317,317 XAF

2023 Average 299,448 XAF

Yearly Trough Low 298,465 XAF

Transaction Impact: A difference of 18,851.53 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

62.7901

59.7624

JanuMarcMayJulySeptNove

MAD 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 60.5710, compared to 61.4447 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8737 points.

H1 Avg (Jan–Jun) 60.5710

H2 Avg (Jul–Dec) 61.4447

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 1.5235 XAF (High: 61.8383 / Low: 60.3147). On the other end, July was the most stable month, with a tight range of 0.4991 XAF (High: 61.5355 / Low: 61.0364).

June Spread (Volatile) ±1.5235

July Spread (Stable) ±0.4991

Growth Streaks & Declines

Trends

Between March and July, 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 February and March, when the average rate fell by 0.4045 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.4045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 62.5378) against the same month in 2023 (average: 59.8106), the exchange rate shifted by +2.7272 (+4.56%).

2024 Avg (December) 62.5378

2023 Avg (December) 59.8106

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	61.3365	59.8780	60.4164
February	60.9329	59.8195	60.4192
March	60.3165	59.6930	60.0147
April	61.4354	59.9961	60.6139
May	61.1451	60.2968	60.7247
June	61.8383	60.3147	61.2372
July	61.5355	61.0364	61.2960
August	61.3715	60.6751	61.0098
September	61.0641	60.4525	60.7007
October	61.5325	60.7264	61.1204
November	62.6196	61.1202	62.0035
December	63.4633	62.1828	62.5378