2024 XAF to CAD Historical Review

YEARLY HIGH

0.0023 CAD

YEARLY LOW

0.0022 CAD

YEARLY AVERAGE

0.0023 CAD

2024 XAF to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XAF to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 0.0023. Conversely, the yearly low was recorded on February 12, dropping to 0.0022.

This high-to-low spread represents a total annual volatility of 0.0001 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0022 to the December average rate of 0.0023, the exchange rate registered a net change of 2.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0023 was down 0.04% compared to the 2023 peak of 0.0023, 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 12 CAD

2023 Average 11 CAD

Yearly Trough Low 11 CAD

Transaction Impact: A difference of 0.53 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0023

0.0022

JanuMarcMayJulySeptNove

XAF to CAD 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 0.0022, compared to 0.0023 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) 0.0022

H2 Avg (Jul–Dec) 0.0023

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0001 CAD (High: 0.0023 / Low: 0.0022). On the other end, April was the most stable month, with a tight range of 0.0000 CAD (High: 0.0022 / Low: 0.0022).

November Spread (Volatile) ±0.0001

April Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and August, 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 October and November, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0023) against the same month in 2023 (average: 0.0023), the exchange rate shifted by +0.0000 (+0.20%).

2024 Avg (November) 0.0023

2023 Avg (November) 0.0023

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0022	0.0022	0.0022
February	0.0022	0.0022	0.0022
March	0.0023	0.0022	0.0022
April	0.0022	0.0022	0.0022
May	0.0023	0.0022	0.0023
June	0.0023	0.0022	0.0022
July	0.0023	0.0022	0.0023
August	0.0023	0.0023	0.0023
September	0.0023	0.0023	0.0023
October	0.0023	0.0023	0.0023
November	0.0023	0.0022	0.0023
December	0.0023	0.0022	0.0023