2024 PEN to XAF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 PEN to XAF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the PEN to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 169.6638. Conversely, the yearly low was recorded on September 24, dropping to 155.2914.
This high-to-low spread represents a total annual volatility of 14.3723 XAF. From a start-to-finish perspective, comparing the January average rate of 161.1419 to the December average rate of 167.8630, the exchange rate registered a net change of 4.17% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 169.6638 was up 1.45% compared to the 2023 peak of 167.2452, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PEN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
PEN to XAF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 161.7787, compared to 161.3569 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4218 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 7.0026 XAF (High: 166.0890 / Low: 159.0863). On the other end, October was the most stable month, with a tight range of 2.4934 XAF (High: 161.9338 / Low: 159.4403).
Growth Streaks & Declines
TrendsBetween 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 August and September, when the average rate fell by 2.6873 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 167.8630) against the same month in 2023 (average: 160.7416), the exchange rate shifted by +7.1214 (+4.43%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 162.8582 | 158.6376 | 161.1419 |
| February | 160.0646 | 157.1536 | 158.7210 |
| March | 165.0072 | 159.8037 | 162.4361 |
| April | 167.0755 | 162.6705 | 164.6684 |
| May | 165.0410 | 160.9524 | 162.5807 |
| June | 162.5472 | 159.5457 | 161.1243 |
| July | 162.3917 | 158.7322 | 160.5724 |
| August | 162.6973 | 156.2065 | 159.3246 |
| September | 158.4979 | 155.2914 | 156.6372 |
| October | 161.9338 | 159.4403 | 160.4873 |
| November | 166.0890 | 159.0863 | 163.2568 |
| December | 169.6638 | 165.6461 | 167.8630 |