YEARLY HIGH
0.0250 SCR
YEARLY LOW
0.0213 SCR
YEARLY AVERAGE
0.0226 SCR

2024 XAF to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XAF to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 0.0250. Conversely, the yearly low was recorded on December 2, dropping to 0.0213.

This high-to-low spread represents a total annual volatility of 0.0037 SCR. From a start-to-finish perspective, comparing the January average rate of 0.0223 to the December average rate of 0.0225, the exchange rate registered a net change of 1.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0250 was up 4.06% compared to the 2023 peak of 0.0240, 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 125 SCR
2023 Average 111 SCR
Yearly Trough Low 107 SCR
Transaction Impact: A difference of 18.63 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0232
0.0221
JanuMarcMayJulySeptNove

XAF to SCR 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 0.0224, compared to 0.0227 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0224
H2 Avg (Jul–Dec) 0.0227

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0034 SCR (High: 0.0250 / Low: 0.0216). On the other end, May was the most stable month, with a tight range of 0.0009 SCR (High: 0.0229 / Low: 0.0220).

October Spread (Volatile) ±0.0034
May Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0005 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.0228) against the same month in 2023 (average: 0.0215), the exchange rate shifted by +0.0013 (+6.14%).

2024 Avg (October) 0.0228
2023 Avg (October) 0.0215

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0232 0.0216 0.0223
February 0.0227 0.0215 0.0221
March 0.0237 0.0221 0.0225
April 0.0233 0.0218 0.0222
May 0.0229 0.0220 0.0225
June 0.0239 0.0222 0.0227
July 0.0234 0.0221 0.0228
August 0.0250 0.0218 0.0231
September 0.0237 0.0219 0.0228
October 0.0250 0.0216 0.0228
November 0.0234 0.0215 0.0223
December 0.0242 0.0213 0.0225