2024 XAF to IRR Historical Review

YEARLY HIGH

71.8866 IRR

YEARLY LOW

66.6640 IRR

YEARLY AVERAGE

69.4401 IRR

2024 XAF to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XAF to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 71.8866. Conversely, the yearly low was recorded on December 31, dropping to 66.6640.

This high-to-low spread represents a total annual volatility of 5.2227 IRR. From a start-to-finish perspective, comparing the January average rate of 69.9385 to the December average rate of 67.3449, the exchange rate registered a net change of -3.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 71.8866 was down 0.79% compared to the 2023 peak of 72.4621, 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 359,433 IRR

2023 Average 348,329 IRR

Yearly Trough Low 333,320 IRR

Transaction Impact: A difference of 26,113.30 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

71.7130

66.9478

JanuMarcMayJulySeptNove

XAF to IRR 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 69.3405, compared to 69.5397 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1992 points.

H1 Avg (Jan–Jun) 69.3405

H2 Avg (Jul–Dec) 69.5397

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 3.3113 IRR (High: 70.1632 / Low: 66.8519). On the other end, March was the most stable month, with a tight range of 1.0620 IRR (High: 70.2131 / Low: 69.1511).

November Spread (Volatile) ±3.3113

March Spread (Stable) ±1.0620

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 1.7380 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.7380

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 70.7537) against the same month in 2023 (average: 70.3207), the exchange rate shifted by +0.4330 (+0.62%).

2024 Avg (August) 70.7537

2023 Avg (August) 70.3207

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	70.8426	69.2536	69.9385
February	69.7017	68.6181	69.1816
March	70.2131	69.1511	69.6748
April	69.6730	68.1065	68.7688
May	69.8915	68.7271	69.3857
June	70.1909	68.5269	69.0936
July	70.1964	68.8888	69.6720
August	71.8866	69.2165	70.7537
September	71.8778	70.6738	71.3159
October	70.9917	69.1779	69.9447
November	70.1632	66.8519	68.2067
December	67.9249	66.6640	67.3449