YEARLY HIGH
264.6764 XAF
YEARLY LOW
248.8345 XAF
YEARLY AVERAGE
255.9357 XAF

2024 TOP to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TOP to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 264.6764. Conversely, the yearly low was recorded on August 23, dropping to 248.8345.

This high-to-low spread represents a total annual volatility of 15.8419 XAF. From a start-to-finish perspective, comparing the January average rate of 255.2510 to the December average rate of 261.5986, the exchange rate registered a net change of 2.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 264.6764 was down 0.53% compared to the 2023 peak of 266.0825, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,323,382 XAF
2023 Average 1,283,141 XAF
Yearly Trough Low 1,244,173 XAF
Transaction Impact: A difference of 79,209.39 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

262.5894
250.6999
JanuMarcMayJulySeptNove

TOP 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 256.3003, compared to 255.5711 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7292 points.

H1 Avg (Jan–Jun) 256.3003
H2 Avg (Jul–Dec) 255.5711

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 10.6152 XAF (High: 262.6995 / Low: 252.0843). On the other end, January was the most stable month, with a tight range of 3.0082 XAF (High: 257.1706 / Low: 254.1625).

November Spread (Volatile) ±10.6152
January Spread (Stable) ±3.0082

Growth Streaks & Declines

Trends

Between 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 3.7062 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -3.7062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 261.5986) against the same month in 2023 (average: 255.5664), the exchange rate shifted by +6.0323 (+2.36%).

2024 Avg (December) 261.5986
2023 Avg (December) 255.5664

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 257.1706 254.1625 255.2510
February 258.9394 254.2023 256.6430
March 257.0045 252.7340 254.7729
April 259.0384 253.5257 256.6138
May 257.4744 254.3294 256.1453
June 260.1421 254.6695 258.3755
July 258.6515 252.9492 255.3968
August 255.5133 248.8345 251.6907
September 253.9953 250.5058 251.7918
October 256.4571 252.8241 254.7969
November 262.6995 252.0843 258.1515
December 264.6764 258.7641 261.5986