2024 XAF to BOB Historical Review

YEARLY HIGH

0.0118 BOB

YEARLY LOW

0.0109 BOB

YEARLY AVERAGE

0.0114 BOB

2024 XAF to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XAF to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 0.0118. Conversely, the yearly low was recorded on December 18, dropping to 0.0109.

This high-to-low spread represents a total annual volatility of 0.0009 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0115 to the December average rate of 0.0110, the exchange rate registered a net change of -4.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0118 was down 0.28% compared to the 2023 peak of 0.0118, 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 59 BOB

2023 Average 57 BOB

Yearly Trough Low 55 BOB

Transaction Impact: A difference of 4.50 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0118

0.0110

JanuMarcMayJulySeptNove

XAF to BOB 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 0.0114, compared to 0.0114 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) 0.0114

H2 Avg (Jul–Dec) 0.0114

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0005 BOB (High: 0.0115 / Low: 0.0110). On the other end, February was the most stable month, with a tight range of 0.0002 BOB (High: 0.0115 / Low: 0.0113).

November Spread (Volatile) ±0.0005

February Spread (Stable) ±0.0002

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 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0116) against the same month in 2023 (average: 0.0115), the exchange rate shifted by +0.0001 (+0.98%).

2024 Avg (August) 0.0116

2023 Avg (August) 0.0115

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0117	0.0114	0.0115
February	0.0115	0.0113	0.0114
March	0.0116	0.0113	0.0115
April	0.0114	0.0112	0.0113
May	0.0115	0.0113	0.0114
June	0.0115	0.0112	0.0113
July	0.0115	0.0113	0.0114
August	0.0118	0.0114	0.0116
September	0.0118	0.0116	0.0117
October	0.0116	0.0114	0.0115
November	0.0115	0.0110	0.0112
December	0.0112	0.0109	0.0110