2024 XAF to KRW Historical Review

YEARLY HIGH

2.3433 KRW

YEARLY LOW

2.1547 KRW

YEARLY AVERAGE

2.2492 KRW

2024 XAF to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XAF to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 2.3433. Conversely, the yearly low was recorded on January 1, dropping to 2.1547.

This high-to-low spread represents a total annual volatility of 0.1886 KRW. From a start-to-finish perspective, comparing the January average rate of 2.2033 to the December average rate of 2.3000, the exchange rate registered a net change of 4.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3433 was up 3.23% compared to the 2023 peak of 2.2700, 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 11,716 KRW

2023 Average 10,776 KRW

Yearly Trough Low 10,774 KRW

Transaction Impact: A difference of 942.91 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3107

2.1821

JanuMarcMayJulySeptNove

XAF to KRW 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 2.2264, compared to 2.2720 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0456 points.

H1 Avg (Jan–Jun) 2.2264

H2 Avg (Jul–Dec) 2.2720

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.1000 KRW (High: 2.3433 / Low: 2.2433). On the other end, February was the most stable month, with a tight range of 0.0324 KRW (High: 2.2064 / Low: 2.1740).

December Spread (Volatile) ±0.1000

February Spread (Stable) ±0.0324

Growth Streaks & Declines

Trends

Between February and July, 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 July and August, when the average rate fell by 0.0186 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0186

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.3000) against the same month in 2023 (average: 2.1671), the exchange rate shifted by +0.1329 (+6.13%).

2024 Avg (December) 2.3000

2023 Avg (December) 2.1671

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2324	2.1547	2.2033
February	2.2064	2.1740	2.1928
March	2.2262	2.1853	2.2083
April	2.2538	2.2190	2.2391
May	2.2893	2.2241	2.2483
June	2.2891	2.2534	2.2666
July	2.3092	2.2589	2.2875
August	2.2929	2.2509	2.2689
September	2.2702	2.2311	2.2528
October	2.2865	2.2315	2.2625
November	2.3001	2.2302	2.2603
December	2.3433	2.2433	2.3000