YEARLY HIGH
0.0262 MVR
YEARLY LOW
0.0236 MVR
YEARLY AVERAGE
0.0254 MVR

2024 XAF to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XAF to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 21, valuing the pair at 0.0262. Conversely, the yearly low was recorded on May 2, dropping to 0.0236.

This high-to-low spread represents a total annual volatility of 0.0026 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0256 to the December average rate of 0.0246, the exchange rate registered a net change of -3.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0262 was down 0.69% compared to the 2023 peak of 0.0264, 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 131 MVR
2023 Average 127 MVR
Yearly Trough Low 118 MVR
Transaction Impact: A difference of 12.93 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0261
0.0245
JanuMarcMayJulySeptNove

XAF to MVR 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 0.0254, compared to 0.0254 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0254
H2 Avg (Jul–Dec) 0.0254

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0020 MVR (High: 0.0256 / Low: 0.0236). On the other end, September was the most stable month, with a tight range of 0.0004 MVR (High: 0.0262 / Low: 0.0258).

May Spread (Volatile) ±0.0020
September Spread (Stable) ±0.0004

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 September and October, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0258) against the same month in 2023 (average: 0.0256), the exchange rate shifted by +0.0003 (+1.10%).

2024 Avg (August) 0.0258
2023 Avg (August) 0.0256

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0259 0.0254 0.0256
February 0.0255 0.0251 0.0253
March 0.0260 0.0254 0.0256
April 0.0256 0.0250 0.0253
May 0.0256 0.0236 0.0254
June 0.0256 0.0249 0.0253
July 0.0257 0.0252 0.0255
August 0.0262 0.0252 0.0258
September 0.0262 0.0258 0.0260
October 0.0259 0.0252 0.0255
November 0.0257 0.0246 0.0250
December 0.0249 0.0243 0.0246