2024 XAF to GNF Historical Review

YEARLY HIGH

14.7443 GNF

YEARLY LOW

13.6329 GNF

YEARLY AVERAGE

14.2076 GNF

2024 XAF to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XAF to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 14.7443. Conversely, the yearly low was recorded on December 18, dropping to 13.6329.

This high-to-low spread represents a total annual volatility of 1.1114 GNF. From a start-to-finish perspective, comparing the January average rate of 14.2958 to the December average rate of 13.7786, the exchange rate registered a net change of -3.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 14.7443 was down 0.32% compared to the 2023 peak of 14.7918, 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 73,722 GNF

2023 Average 71,107 GNF

Yearly Trough Low 68,164 GNF

Transaction Impact: A difference of 5,557.23 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

14.7206

13.6929

JanuMarcMayJulySeptNove

XAF to GNF 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 14.1699, compared to 14.2452 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0754 points.

H1 Avg (Jan–Jun) 14.1699

H2 Avg (Jul–Dec) 14.2452

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.6948 GNF (High: 14.3812 / Low: 13.6864). On the other end, May was the most stable month, with a tight range of 0.2190 GNF (High: 14.2626 / Low: 14.0436).

November Spread (Volatile) ±0.6948

May Spread (Stable) ±0.2190

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 October and November, when the average rate fell by 0.3712 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3712

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 14.6350) against the same month in 2023 (average: 14.0078), the exchange rate shifted by +0.6272 (+4.48%).

2024 Avg (September) 14.6350

2023 Avg (September) 14.0078

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.5076	14.1500	14.2958
February	14.2736	14.0370	14.1565
March	14.3576	14.1097	14.2416
April	14.2258	13.9100	14.0421
May	14.2626	14.0436	14.1662
June	14.2975	14.0031	14.1170
July	14.3608	14.0765	14.2456
August	14.7402	14.1670	14.4834
September	14.7443	14.5061	14.6350
October	14.6327	14.1777	14.3500
November	14.3812	13.6864	13.9789
December	13.9182	13.6329	13.7786