2024 XAF to MAD Historical Review

YEARLY HIGH

0.0168 MAD

YEARLY LOW

0.0158 MAD

YEARLY AVERAGE

0.0164 MAD

2024 XAF to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XAF to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.0168. Conversely, the yearly low was recorded on December 18, dropping to 0.0158.

This high-to-low spread represents a total annual volatility of 0.0010 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0166 to the December average rate of 0.0160, the exchange rate registered a net change of -3.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0168 was down 2.37% compared to the 2023 peak of 0.0172, 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 84 MAD

2023 Average 83 MAD

Yearly Trough Low 79 MAD

Transaction Impact: A difference of 4.98 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0167

0.0159

JanuMarcMayJulySeptNove

XAF to MAD 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 0.0165, compared to 0.0163 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0165

H2 Avg (Jul–Dec) 0.0163

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0004 MAD (High: 0.0166 / Low: 0.0162). On the other end, July was the most stable month, with a tight range of 0.0001 MAD (High: 0.0164 / Low: 0.0163).

June Spread (Volatile) ±0.0004

July Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0167) against the same month in 2023 (average: 0.0169), the exchange rate shifted by -0.0002 (-1.23%).

2024 Avg (March) 0.0167

2023 Avg (March) 0.0169

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0167	0.0163	0.0166
February	0.0167	0.0164	0.0166
March	0.0168	0.0166	0.0167
April	0.0167	0.0163	0.0165
May	0.0166	0.0164	0.0165
June	0.0166	0.0162	0.0163
July	0.0164	0.0163	0.0163
August	0.0165	0.0163	0.0164
September	0.0165	0.0164	0.0165
October	0.0165	0.0163	0.0164
November	0.0164	0.0160	0.0161
December	0.0161	0.0158	0.0160