2024 XAF to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 XAF to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the XAF to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 37.7173. Conversely, the yearly low was recorded on February 13, dropping to 34.0347.
This high-to-low spread represents a total annual volatility of 3.6826 LAK. From a start-to-finish perspective, comparing the January average rate of 34.3430 to the December average rate of 34.9474, the exchange rate registered a net change of 1.76% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 37.7173 was up 8.35% compared to the 2023 peak of 34.8103, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 XAF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
XAF to LAK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 34.8383, compared to 36.3794 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5410 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 1.6044 LAK (High: 36.4815 / Low: 34.8772). On the other end, February was the most stable month, with a tight range of 0.4849 LAK (High: 34.5196 / Low: 34.0347).
Growth Streaks & Declines
TrendsBetween February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.9651 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 37.1761) against the same month in 2023 (average: 32.3366), the exchange rate shifted by +4.8395 (+14.97%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 34.6501 | 34.1325 | 34.3430 |
| February | 34.5196 | 34.0347 | 34.3046 |
| March | 34.9204 | 34.4285 | 34.6763 |
| April | 35.0280 | 34.4325 | 34.7221 |
| May | 35.5857 | 34.8880 | 35.2092 |
| June | 36.0909 | 35.5340 | 35.7748 |
| July | 36.9254 | 36.1487 | 36.6308 |
| August | 37.7173 | 36.4826 | 37.1761 |
| September | 37.6553 | 37.1384 | 37.4341 |
| October | 37.4173 | 36.0721 | 36.5265 |
| November | 36.4815 | 34.8772 | 35.5613 |
| December | 35.4020 | 34.4922 | 34.9474 |