YEARLY HIGH
0.0063 AED
YEARLY LOW
0.0058 AED
YEARLY AVERAGE
0.0061 AED

2024 XAF to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XAF to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 0.0063. Conversely, the yearly low was recorded on December 31, dropping to 0.0058.

This high-to-low spread represents a total annual volatility of 0.0005 AED. From a start-to-finish perspective, comparing the January average rate of 0.0061 to the December average rate of 0.0059, the exchange rate registered a net change of -4.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0063 was down 0.37% compared to the 2023 peak of 0.0063, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 31 AED
2023 Average 30 AED
Yearly Trough Low 29 AED
Transaction Impact: A difference of 2.39 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0063
0.0058
JanuMarcMayJulySeptNove

XAF to AED 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 0.0061, compared to 0.0061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0061
H2 Avg (Jul–Dec) 0.0061

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0003 AED (High: 0.0061 / Low: 0.0058). On the other end, March was the most stable month, with a tight range of 0.0001 AED (High: 0.0061 / Low: 0.0060).

November Spread (Volatile) ±0.0003
March Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0062) against the same month in 2023 (average: 0.0061), the exchange rate shifted by +0.0001 (+1.05%).

2024 Avg (August) 0.0062
2023 Avg (August) 0.0061

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0062 0.0060 0.0061
February 0.0061 0.0060 0.0060
March 0.0061 0.0060 0.0061
April 0.0061 0.0059 0.0060
May 0.0061 0.0060 0.0061
June 0.0061 0.0060 0.0060
July 0.0061 0.0060 0.0061
August 0.0063 0.0060 0.0062
September 0.0063 0.0062 0.0062
October 0.0062 0.0060 0.0061
November 0.0061 0.0058 0.0060
December 0.0059 0.0058 0.0059