2024 MXN to XAF Historical Review

YEARLY HIGH

37.1956 XAF

YEARLY LOW

29.5989 XAF

YEARLY AVERAGE

33.2780 XAF

2024 MXN to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MXN to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 11, valuing the pair at 37.1956. Conversely, the yearly low was recorded on September 6, dropping to 29.5989.

This high-to-low spread represents a total annual volatility of 7.5967 XAF. From a start-to-finish perspective, comparing the January average rate of 35.2491 to the December average rate of 30.9300, the exchange rate registered a net change of -12.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 37.1956 was up 2.45% compared to the 2023 peak of 36.3052, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 1,859,782 XAF

2023 Average 1,711,223 XAF

Yearly Trough Low 1,479,945 XAF

Transaction Impact: A difference of 379,836.61 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

37.0284

29.5046

JanuMarcMayJulySeptNove

MXN 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 35.4727, compared to 31.0832 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.3895 points.

H1 Avg (Jan–Jun) 35.4727

H2 Avg (Jul–Dec) 31.0832

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 3.2687 XAF (High: 35.6061 / Low: 32.3374). On the other end, February was the most stable month, with a tight range of 0.4625 XAF (High: 35.7793 / Low: 35.3167).

June Spread (Volatile) ±3.2687

February Spread (Stable) ±0.4625

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 2.5846 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.5846

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 36.4014) against the same month in 2023 (average: 33.0398), the exchange rate shifted by +3.3616 (+10.17%).

2024 Avg (April) 36.4014

2023 Avg (April) 33.0398

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	35.5817	34.9027	35.2491
February	35.7793	35.3167	35.5570
March	36.7024	35.4933	35.9870
April	37.1956	35.5436	36.4014
May	36.4832	35.4999	36.1132
June	35.6061	32.3374	33.5286
July	34.0898	32.3068	33.3886
August	32.1201	29.6603	31.0800
September	30.8786	29.5989	30.1316
October	31.0944	29.9569	30.5966
November	30.8216	29.7400	30.3726
December	31.3307	30.3692	30.9300