2024 TRY to XAF Historical Review

YEARLY HIGH

20.1528 XAF

YEARLY LOW

17.1702 XAF

YEARLY AVERAGE

18.4710 XAF

2024 TRY to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 20.1528. Conversely, the yearly low was recorded on September 26, dropping to 17.1702.

This high-to-low spread represents a total annual volatility of 2.9826 XAF. From a start-to-finish perspective, comparing the January average rate of 19.9801 to the December average rate of 17.8955, the exchange rate registered a net change of -10.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 20.1528 was down 39.33% compared to the 2023 peak of 33.2152, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,007,639 XAF

2023 Average 1,313,416 XAF

Yearly Trough Low 858,508 XAF

Transaction Impact: A difference of 149,130.93 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

20.2450

17.0669

JanuMarcMayJulySeptNove

TRY 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 19.1550, compared to 17.7870 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3680 points.

H1 Avg (Jan–Jun) 19.1550

H2 Avg (Jul–Dec) 17.7870

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 1.1034 XAF (High: 18.3341 / Low: 17.2307). On the other end, May was the most stable month, with a tight range of 0.2146 XAF (High: 18.9137 / Low: 18.6991).

August Spread (Volatile) ±1.1034

May Spread (Stable) ±0.2146

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.9041 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.9041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 19.9801) against the same month in 2023 (average: 32.3792), the exchange rate shifted by -12.3991 (-38.29%).

2024 Avg (January) 19.9801

2023 Avg (January) 32.3792

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.1528	19.8652	19.9801
February	19.9946	19.3845	19.7260
March	19.2681	18.5015	18.8220
April	19.0408	18.7348	18.9059
May	18.9137	18.6991	18.7985
June	18.8679	18.4692	18.6972
July	18.7467	18.1145	18.3574
August	18.3341	17.2307	17.6595
September	17.5186	17.1702	17.3317
October	17.7532	17.3395	17.5700
November	18.2226	17.4841	17.9078
December	18.0796	17.8179	17.8955