2024 XAF to MXN Historical Review

YEARLY HIGH

0.0338 MXN

YEARLY LOW

0.0269 MXN

YEARLY AVERAGE

0.0302 MXN

2024 XAF to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XAF to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 6, valuing the pair at 0.0338. Conversely, the yearly low was recorded on April 11, dropping to 0.0269.

This high-to-low spread represents a total annual volatility of 0.0069 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0284 to the December average rate of 0.0323, the exchange rate registered a net change of 13.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0338 was up 6.17% compared to the 2023 peak of 0.0318, 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 169 MXN

2023 Average 146 MXN

Yearly Trough Low 134 MXN

Transaction Impact: A difference of 34.50 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0338

0.0269

JanuMarcMayJulySeptNove

XAF to MXN 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 0.0282, compared to 0.0322 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.0282

H2 Avg (Jul–Dec) 0.0322

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0028 MXN (High: 0.0309 / Low: 0.0281). On the other end, February was the most stable month, with a tight range of 0.0004 MXN (High: 0.0283 / Low: 0.0279).

June Spread (Volatile) ±0.0028

February Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between April and September, 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 November and December, when the average rate fell by 0.0006 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0332) against the same month in 2023 (average: 0.0282), the exchange rate shifted by +0.0050 (+17.88%).

2024 Avg (September) 0.0332

2023 Avg (September) 0.0282

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0287	0.0281	0.0284
February	0.0283	0.0279	0.0281
March	0.0282	0.0272	0.0278
April	0.0281	0.0269	0.0275
May	0.0282	0.0274	0.0277
June	0.0309	0.0281	0.0298
July	0.0310	0.0293	0.0300
August	0.0337	0.0311	0.0322
September	0.0338	0.0324	0.0332
October	0.0334	0.0322	0.0327
November	0.0336	0.0324	0.0329
December	0.0329	0.0319	0.0323