YEARLY HIGH
0.0628 NIO
YEARLY LOW
0.0581 NIO
YEARLY AVERAGE
0.0607 NIO

2024 XAF to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XAF to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 0.0628. Conversely, the yearly low was recorded on December 31, dropping to 0.0581.

This high-to-low spread represents a total annual volatility of 0.0048 NIO. From a start-to-finish perspective, comparing the January average rate of 0.0610 to the December average rate of 0.0587, the exchange rate registered a net change of -3.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0628 was up 0.31% compared to the 2023 peak of 0.0627, 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 314 NIO
2023 Average 302 NIO
Yearly Trough Low 290 NIO
Transaction Impact: A difference of 23.89 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0627
0.0584
JanuMarcMayJulySeptNove

XAF to NIO 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 0.0606, compared to 0.0608 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0606
H2 Avg (Jul–Dec) 0.0608

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0030 NIO (High: 0.0613 / Low: 0.0584). On the other end, February was the most stable month, with a tight range of 0.0009 NIO (High: 0.0609 / Low: 0.0601).

November Spread (Volatile) ±0.0030
February Spread (Stable) ±0.0009

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 0.0015 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0618) against the same month in 2023 (average: 0.0608), the exchange rate shifted by +0.0010 (+1.62%).

2024 Avg (August) 0.0618
2023 Avg (August) 0.0608

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0618 0.0604 0.0610
February 0.0609 0.0601 0.0605
March 0.0615 0.0604 0.0610
April 0.0609 0.0596 0.0602
May 0.0611 0.0600 0.0606
June 0.0611 0.0599 0.0604
July 0.0614 0.0603 0.0609
August 0.0628 0.0605 0.0618
September 0.0628 0.0618 0.0623
October 0.0620 0.0604 0.0612
November 0.0613 0.0584 0.0596
December 0.0594 0.0581 0.0587