2024 XAF to NAD Historical Review

YEARLY HIGH

0.0320 NAD

YEARLY LOW

0.0282 NAD

YEARLY AVERAGE

0.0302 NAD

2024 XAF to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XAF to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.0320. Conversely, the yearly low was recorded on December 12, dropping to 0.0282.

This high-to-low spread represents a total annual volatility of 0.0038 NAD. From a start-to-finish perspective, comparing the January average rate of 0.0312 to the December average rate of 0.0291, the exchange rate registered a net change of -6.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0320 was down 3.07% compared to the 2023 peak of 0.0330, 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 160 NAD

2023 Average 153 NAD

Yearly Trough Low 141 NAD

Transaction Impact: A difference of 18.82 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0315

0.0288

JanuMarcMayJulySeptNove

XAF to NAD 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 0.0309, compared to 0.0296 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0309

H2 Avg (Jul–Dec) 0.0296

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0023 NAD (High: 0.0314 / Low: 0.0291). On the other end, October was the most stable month, with a tight range of 0.0005 NAD (High: 0.0294 / Low: 0.0289).

June Spread (Volatile) ±0.0023

October Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0006 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0312) against the same month in 2023 (average: 0.0292), the exchange rate shifted by +0.0021 (+7.05%).

2024 Avg (February) 0.0312

2023 Avg (February) 0.0292

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0318	0.0307	0.0312
February	0.0320	0.0306	0.0312
March	0.0316	0.0309	0.0312
April	0.0313	0.0303	0.0309
May	0.0306	0.0299	0.0303
June	0.0314	0.0291	0.0302
July	0.0305	0.0297	0.0302
August	0.0310	0.0297	0.0303
September	0.0303	0.0292	0.0298
October	0.0294	0.0289	0.0292
November	0.0293	0.0288	0.0290
December	0.0298	0.0282	0.0291