2024 MMK to XAF Historical Review

YEARLY HIGH

0.3021 XAF

YEARLY LOW

0.1854 XAF

YEARLY AVERAGE

0.2865 XAF

2024 MMK to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.3021. Conversely, the yearly low was recorded on July 21, dropping to 0.1854.

This high-to-low spread represents a total annual volatility of 0.1167 XAF. From a start-to-finish perspective, comparing the January average rate of 0.2864 to the December average rate of 0.2986, the exchange rate registered a net change of 4.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3021 was up 1.30% compared to the 2023 peak of 0.2982, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,510 XAF

2023 Average 1,444 XAF

Yearly Trough Low 927 XAF

Transaction Impact: A difference of 583.65 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3015

0.2667

JanuMarcMayJulySeptNove

MMK 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 0.2872, compared to 0.2857 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.2872

H2 Avg (Jul–Dec) 0.2857

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.1037 XAF (High: 0.2891 / Low: 0.1854). On the other end, February was the most stable month, with a tight range of 0.0046 XAF (High: 0.2917 / Low: 0.2871).

July Spread (Volatile) ±0.1037

February Spread (Stable) ±0.0046

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 June and July, when the average rate fell by 0.0100 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2986) against the same month in 2023 (average: 0.2857), the exchange rate shifted by +0.0129 (+4.51%).

2024 Avg (December) 0.2986

2023 Avg (December) 0.2857

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2896	0.2822	0.2864
February	0.2917	0.2871	0.2893
March	0.2903	0.2852	0.2875
April	0.2942	0.2877	0.2915
May	0.2915	0.2869	0.2890
June	0.2928	0.2462	0.2796
July	0.2891	0.1854	0.2696
August	0.2899	0.2791	0.2836
September	0.2840	0.2794	0.2814
October	0.2900	0.2826	0.2869
November	0.3001	0.2859	0.2942
December	0.3021	0.2953	0.2986