YEARLY HIGH
0.3408 LRD
YEARLY LOW
0.2856 LRD
YEARLY AVERAGE
0.3159 LRD

2024 XAF to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XAF to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 0.3408. Conversely, the yearly low was recorded on December 18, dropping to 0.2856.

This high-to-low spread represents a total annual volatility of 0.0552 LRD. From a start-to-finish perspective, comparing the January average rate of 0.3146 to the December average rate of 0.2883, the exchange rate registered a net change of -8.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3408 was up 6.80% compared to the 2023 peak of 0.3191, 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 1,704 LRD
2023 Average 1,442 LRD
Yearly Trough Low 1,428 LRD
Transaction Impact: A difference of 276.17 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3356
0.2840
JanuMarcMayJulySeptNove

XAF to LRD 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 0.3166, compared to 0.3151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.3166
H2 Avg (Jul–Dec) 0.3151

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0332 LRD (High: 0.3191 / Low: 0.2859). On the other end, January was the most stable month, with a tight range of 0.0042 LRD (High: 0.3171 / Low: 0.3130).

November Spread (Volatile) ±0.0332
January Spread (Stable) ±0.0042

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 0.0202 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0202

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.3313) against the same month in 2023 (average: 0.3034), the exchange rate shifted by +0.0279 (+9.20%).

2024 Avg (September) 0.3313
2023 Avg (September) 0.3034

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3171 0.3130 0.3146
February 0.3156 0.3110 0.3134
March 0.3215 0.3170 0.3189
April 0.3196 0.3044 0.3150
May 0.3212 0.3160 0.3191
June 0.3223 0.3157 0.3184
July 0.3254 0.3184 0.3225
August 0.3330 0.3214 0.3287
September 0.3408 0.3273 0.3313
October 0.3269 0.3161 0.3201
November 0.3191 0.2859 0.2999
December 0.2903 0.2856 0.2883