YEARLY HIGH
0.2045 ETB
YEARLY LOW
0.0921 ETB
YEARLY AVERAGE
0.1357 ETB

2024 XAF to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XAF to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 0.2045. Conversely, the yearly low was recorded on April 16, dropping to 0.0921.

This high-to-low spread represents a total annual volatility of 0.1125 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0938 to the December average rate of 0.2022, the exchange rate registered a net change of 115.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2045 was up 114.72% compared to the 2023 peak of 0.0952, 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 1,023 ETB
2023 Average 452 ETB
Yearly Trough Low 460 ETB
Transaction Impact: A difference of 562.35 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2131
0.0821
JanuMarcMayJulySeptNove

XAF to ETB 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 0.0938, compared to 0.1776 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0838 points.

H1 Avg (Jan–Jun) 0.0938
H2 Avg (Jul–Dec) 0.1776

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0625 ETB (High: 0.1921 / Low: 0.1296). On the other end, February was the most stable month, with a tight range of 0.0017 ETB (High: 0.0939 / Low: 0.0921).

August Spread (Volatile) ±0.0625
February Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between June and October, 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 0.0013 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2022) against the same month in 2023 (average: 0.0935), the exchange rate shifted by +0.1087 (+116.18%).

2024 Avg (December) 0.2022
2023 Avg (December) 0.0935

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0950 0.0926 0.0938
February 0.0939 0.0921 0.0932
March 0.0948 0.0929 0.0940
April 0.0942 0.0921 0.0930
May 0.0953 0.0935 0.0945
June 0.0955 0.0932 0.0943
July 0.1245 0.0940 0.0964
August 0.1921 0.1296 0.1731
September 0.2042 0.1860 0.1956
October 0.2035 0.1963 0.2000
November 0.2036 0.1944 0.1986
December 0.2045 0.1975 0.2022