2024 XAF to CRC Historical Review

YEARLY HIGH

0.8996 CRC

YEARLY LOW

0.7942 CRC

YEARLY AVERAGE

0.8507 CRC

2024 XAF to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XAF to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.8996. Conversely, the yearly low was recorded on December 18, dropping to 0.7942.

This high-to-low spread represents a total annual volatility of 0.1055 CRC. From a start-to-finish perspective, comparing the January average rate of 0.8599 to the December average rate of 0.8076, the exchange rate registered a net change of -6.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8996 was down 6.84% compared to the 2023 peak of 0.9657, 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 4,498 CRC

2023 Average 4,468 CRC

Yearly Trough Low 3,971 CRC

Transaction Impact: A difference of 527.39 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8892

0.8001

JanuMarcMayJulySeptNove

XAF to CRC 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 0.8471, compared to 0.8543 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0072 points.

H1 Avg (Jan–Jun) 0.8471

H2 Avg (Jul–Dec) 0.8543

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0437 CRC (High: 0.8525 / Low: 0.8088). On the other end, February was the most stable month, with a tight range of 0.0122 CRC (High: 0.8558 / Low: 0.8435).

November Spread (Volatile) ±0.0437

February Spread (Stable) ±0.0122

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0304 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0304

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.8818) against the same month in 2023 (average: 0.8952), the exchange rate shifted by -0.0134 (-1.50%).

2024 Avg (August) 0.8818

2023 Avg (August) 0.8952

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8766	0.8432	0.8599
February	0.8558	0.8435	0.8487
March	0.8538	0.8266	0.8428
April	0.8415	0.8106	0.8239
May	0.8621	0.8337	0.8450
June	0.8791	0.8502	0.8622
July	0.8830	0.8589	0.8714
August	0.8996	0.8588	0.8818
September	0.8888	0.8709	0.8799
October	0.8736	0.8468	0.8577
November	0.8525	0.8088	0.8273
December	0.8188	0.7942	0.8076