2024 SBD to XAF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SBD to XAF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SBD to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 75.5974. Conversely, the yearly low was recorded on March 12, dropping to 68.6318.
This high-to-low spread represents a total annual volatility of 6.9656 XAF. From a start-to-finish perspective, comparing the January average rate of 71.4006 to the December average rate of 74.7566, the exchange rate registered a net change of 4.70% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 75.5974 was up 0.20% compared to the 2023 peak of 75.4434, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SBD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SBD 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 71.7089, compared to 72.2564 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5475 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 3.2220 XAF (High: 71.8538 / Low: 68.6318). On the other end, February was the most stable month, with a tight range of 1.3543 XAF (High: 72.5806 / Low: 71.2263).
Growth Streaks & Declines
TrendsBetween August and December, 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 July and August, when the average rate fell by 1.3441 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 74.7566) against the same month in 2023 (average: 71.0086), the exchange rate shifted by +3.7480 (+5.28%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 72.3439 | 70.5390 | 71.4006 |
| February | 72.5806 | 71.2263 | 71.8881 |
| March | 71.8538 | 68.6318 | 71.2770 |
| April | 72.9233 | 71.1547 | 72.1602 |
| May | 72.1499 | 70.7792 | 71.4926 |
| June | 72.7745 | 70.9995 | 72.0345 |
| July | 72.3922 | 70.8910 | 71.5230 |
| August | 71.7475 | 68.7886 | 70.1789 |
| September | 71.4807 | 69.9195 | 70.7911 |
| October | 73.4370 | 71.4918 | 72.4626 |
| November | 75.1040 | 72.2857 | 73.8262 |
| December | 75.5974 | 73.9846 | 74.7566 |