2024 XAF to CNY Historical Review

YEARLY HIGH

0.0122 CNY

YEARLY LOW

0.0115 CNY

YEARLY AVERAGE

0.0118 CNY

2024 XAF to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XAF to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 0.0122. Conversely, the yearly low was recorded on December 18, dropping to 0.0115.

This high-to-low spread represents a total annual volatility of 0.0007 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0118 to the December average rate of 0.0116, the exchange rate registered a net change of -1.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0122 was down 1.46% compared to the 2023 peak of 0.0123, 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 61 CNY

2023 Average 58 CNY

Yearly Trough Low 57 CNY

Transaction Impact: A difference of 3.34 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0120

0.0116

JanuMarcMayJulySeptNove

XAF to CNY 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 0.0118, compared to 0.0118 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) 0.0118

H2 Avg (Jul–Dec) 0.0118

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0004 CNY (High: 0.0120 / Low: 0.0116). On the other end, September was the most stable month, with a tight range of 0.0001 CNY (High: 0.0120 / Low: 0.0119).

June Spread (Volatile) ±0.0004

September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between May and August, 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 September and October, 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: 0.0120) against the same month in 2023 (average: 0.0120), the exchange rate shifted by -0.0000 (-0.26%).

2024 Avg (August) 0.0120

2023 Avg (August) 0.0120

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0120	0.0117	0.0118
February	0.0119	0.0117	0.0118
March	0.0120	0.0118	0.0119
April	0.0120	0.0115	0.0118
May	0.0120	0.0116	0.0118
June	0.0120	0.0116	0.0118
July	0.0121	0.0119	0.0120
August	0.0122	0.0119	0.0120
September	0.0120	0.0119	0.0120
October	0.0119	0.0117	0.0118
November	0.0118	0.0115	0.0117
December	0.0117	0.0115	0.0116