2024 XAF to EGP Historical Review

YEARLY HIGH

0.0833 EGP

YEARLY LOW

0.0504 EGP

YEARLY AVERAGE

0.0747 EGP

2024 XAF to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XAF to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 0.0833. Conversely, the yearly low was recorded on February 13, dropping to 0.0504.

This high-to-low spread represents a total annual volatility of 0.0328 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0514 to the December average rate of 0.0807, the exchange rate registered a net change of 57.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0833 was up 57.26% compared to the 2023 peak of 0.0529, 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 416 EGP

2023 Average 253 EGP

Yearly Trough Low 252 EGP

Transaction Impact: A difference of 164.07 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0853

0.0477

JanuMarcMayJulySeptNove

XAF to EGP 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 0.0686, compared to 0.0809 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0123 points.

H1 Avg (Jan–Jun) 0.0686

H2 Avg (Jul–Dec) 0.0809

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0314 EGP (High: 0.0824 / Low: 0.0510). On the other end, February was the most stable month, with a tight range of 0.0008 EGP (High: 0.0513 / Low: 0.0504).

March Spread (Volatile) ±0.0314

February Spread (Stable) ±0.0008

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 0.0013 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0822) against the same month in 2023 (average: 0.0514), the exchange rate shifted by +0.0308 (+59.89%).

2024 Avg (August) 0.0822

2023 Avg (August) 0.0514

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0522	0.0509	0.0514
February	0.0513	0.0504	0.0509
March	0.0824	0.0510	0.0748
April	0.0789	0.0772	0.0781
May	0.0787	0.0772	0.0779
June	0.0791	0.0777	0.0783
July	0.0804	0.0789	0.0797
August	0.0833	0.0801	0.0822
September	0.0831	0.0812	0.0821
October	0.0815	0.0801	0.0807
November	0.0819	0.0789	0.0800
December	0.0814	0.0796	0.0807