2024 XAF to GHS Historical Review

YEARLY HIGH

0.0273 GHS

YEARLY LOW

0.0198 GHS

YEARLY AVERAGE

0.0239 GHS

2024 XAF to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XAF to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.0273. Conversely, the yearly low was recorded on January 9, dropping to 0.0198.

This high-to-low spread represents a total annual volatility of 0.0075 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0200 to the December average rate of 0.0236, the exchange rate registered a net change of 17.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0273 was up 31.20% compared to the 2023 peak of 0.0208, 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 137 GHS

2023 Average 96 GHS

Yearly Trough Low 99 GHS

Transaction Impact: A difference of 37.45 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0273

0.0194

JanuMarcMayJulySeptNove

XAF to GHS 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 0.0220, compared to 0.0258 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.0220

H2 Avg (Jul–Dec) 0.0258

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0026 GHS (High: 0.0273 / Low: 0.0247). On the other end, April was the most stable month, with a tight range of 0.0005 GHS (High: 0.0222 / Low: 0.0217).

November Spread (Volatile) ±0.0026

April Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0024 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0260) against the same month in 2023 (average: 0.0197), the exchange rate shifted by +0.0063 (+31.93%).

2024 Avg (November) 0.0260

2023 Avg (November) 0.0197

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0204	0.0198	0.0200
February	0.0208	0.0203	0.0205
March	0.0218	0.0209	0.0214
April	0.0222	0.0217	0.0220
May	0.0245	0.0224	0.0234
June	0.0249	0.0244	0.0247
July	0.0257	0.0250	0.0255
August	0.0267	0.0256	0.0262
September	0.0269	0.0263	0.0266
October	0.0270	0.0264	0.0266
November	0.0273	0.0247	0.0260
December	0.0247	0.0232	0.0236