YEARLY HIGH
0.6323 HUF
YEARLY LOW
0.5756 HUF
YEARLY AVERAGE
0.6028 HUF

2024 XAF to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XAF to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.6323. Conversely, the yearly low was recorded on January 8, dropping to 0.5756.

This high-to-low spread represents a total annual volatility of 0.0566 HUF. From a start-to-finish perspective, comparing the January average rate of 0.5825 to the December average rate of 0.6281, the exchange rate registered a net change of 7.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6323 was up 3.20% compared to the 2023 peak of 0.6127, 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 3,161 HUF
2023 Average 2,911 HUF
Yearly Trough Low 2,878 HUF
Transaction Impact: A difference of 283.16 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6327
0.5779
JanuMarcMayJulySeptNove

XAF to HUF 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 0.5945, compared to 0.6112 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0167 points.

H1 Avg (Jan–Jun) 0.5945
H2 Avg (Jul–Dec) 0.6112

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0177 HUF (High: 0.5933 / Low: 0.5756). On the other end, September was the most stable month, with a tight range of 0.0068 HUF (High: 0.6054 / Low: 0.5986).

January Spread (Volatile) ±0.0177
September Spread (Stable) ±0.0068

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0081 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.6281) against the same month in 2023 (average: 0.5821), the exchange rate shifted by +0.0460 (+7.91%).

2024 Avg (December) 0.6281
2023 Avg (December) 0.5821

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5933 0.5756 0.5825
February 0.5999 0.5837 0.5915
March 0.6090 0.5992 0.6024
April 0.6026 0.5942 0.5987
May 0.5952 0.5851 0.5906
June 0.6082 0.5941 0.6014
July 0.6025 0.5939 0.5984
August 0.6076 0.5987 0.6018
September 0.6054 0.5986 0.6019
October 0.6229 0.6067 0.6128
November 0.6306 0.6169 0.6242
December 0.6323 0.6233 0.6281