2024 XAF to JMD Historical Review

YEARLY HIGH

0.2693 JMD

YEARLY LOW

0.2465 JMD

YEARLY AVERAGE

0.2580 JMD

2024 XAF to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XAF to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.2693. Conversely, the yearly low was recorded on December 31, dropping to 0.2465.

This high-to-low spread represents a total annual volatility of 0.0228 JMD. From a start-to-finish perspective, comparing the January average rate of 0.2579 to the December average rate of 0.2497, the exchange rate registered a net change of -3.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2693 was up 1.66% compared to the 2023 peak of 0.2649, 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 1,347 JMD

2023 Average 1,271 JMD

Yearly Trough Low 1,233 JMD

Transaction Impact: A difference of 114.06 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2677

0.2481

JanuMarcMayJulySeptNove

XAF to JMD 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 0.2563, compared to 0.2596 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.2563

H2 Avg (Jul–Dec) 0.2596

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0118 JMD (High: 0.2636 / Low: 0.2518). On the other end, February was the most stable month, with a tight range of 0.0036 JMD (High: 0.2588 / Low: 0.2552).

November Spread (Volatile) ±0.0118

February Spread (Stable) ±0.0036

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 November and December, when the average rate fell by 0.0071 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.2660) against the same month in 2023 (average: 0.2516), the exchange rate shifted by +0.0144 (+5.74%).

2024 Avg (September) 0.2660

2023 Avg (September) 0.2516

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2607	0.2558	0.2579
February	0.2588	0.2552	0.2573
March	0.2596	0.2524	0.2562
April	0.2564	0.2508	0.2535
May	0.2590	0.2549	0.2576
June	0.2581	0.2533	0.2554
July	0.2608	0.2547	0.2587
August	0.2675	0.2571	0.2633
September	0.2693	0.2625	0.2660
October	0.2658	0.2608	0.2631
November	0.2636	0.2518	0.2568
December	0.2534	0.2465	0.2497