2024 XAF to GMD Historical Review

YEARLY HIGH

0.1210 GMD

YEARLY LOW

0.1099 GMD

YEARLY AVERAGE

0.1135 GMD

2024 XAF to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XAF to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.1210. Conversely, the yearly low was recorded on April 15, dropping to 0.1099.

This high-to-low spread represents a total annual volatility of 0.0111 GMD. From a start-to-finish perspective, comparing the January average rate of 0.1119 to the December average rate of 0.1146, the exchange rate registered a net change of 2.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1210 was up 6.03% compared to the 2023 peak of 0.1141, 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 605 GMD

2023 Average 514 GMD

Yearly Trough Low 549 GMD

Transaction Impact: A difference of 55.58 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1185

0.1103

JanuMarcMayJulySeptNove

XAF to GMD 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 0.1116, compared to 0.1154 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.1116

H2 Avg (Jul–Dec) 0.1154

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0075 GMD (High: 0.1210 / Low: 0.1135). On the other end, March was the most stable month, with a tight range of 0.0017 GMD (High: 0.1134 / Low: 0.1117).

August Spread (Volatile) ±0.0075

March Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between June and September, 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 0.0027 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.1174) against the same month in 2023 (average: 0.1008), the exchange rate shifted by +0.0166 (+16.49%).

2024 Avg (August) 0.1174

2023 Avg (August) 0.1008

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1133	0.1111	0.1119
February	0.1122	0.1104	0.1112
March	0.1134	0.1117	0.1126
April	0.1125	0.1099	0.1110
May	0.1125	0.1107	0.1117
June	0.1127	0.1103	0.1112
July	0.1147	0.1109	0.1122
August	0.1210	0.1135	0.1174
September	0.1199	0.1161	0.1178
October	0.1179	0.1129	0.1151
November	0.1192	0.1128	0.1153
December	0.1159	0.1136	0.1146