YEARLY HIGH
0.0179 SEK
YEARLY LOW
0.0170 SEK
YEARLY AVERAGE
0.0174 SEK

2024 XAF to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XAF to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 26, valuing the pair at 0.0179. Conversely, the yearly low was recorded on January 1, dropping to 0.0170.

This high-to-low spread represents a total annual volatility of 0.0010 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0172 to the December average rate of 0.0176, the exchange rate registered a net change of 2.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0179 was down 1.62% compared to the 2023 peak of 0.0182, 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 90 SEK
2023 Average 88 SEK
Yearly Trough Low 85 SEK
Transaction Impact: A difference of 4.87 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0178
0.0171
JanuMarcMayJulySeptNove

XAF to SEK 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 0.0174, compared to 0.0175 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0174
H2 Avg (Jul–Dec) 0.0175

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0008 SEK (High: 0.0179 / Low: 0.0171). On the other end, December was the most stable month, with a tight range of 0.0002 SEK (High: 0.0177 / Low: 0.0174).

July Spread (Volatile) ±0.0008
December Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and May, 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 May and June, 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 (July 2024: 0.0176) against the same month in 2023 (average: 0.0177), the exchange rate shifted by -0.0001 (-0.84%).

2024 Avg (July) 0.0176
2023 Avg (July) 0.0177

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0174 0.0170 0.0172
February 0.0174 0.0170 0.0172
March 0.0176 0.0170 0.0173
April 0.0179 0.0175 0.0177
May 0.0179 0.0174 0.0177
June 0.0174 0.0171 0.0172
July 0.0179 0.0171 0.0176
August 0.0176 0.0173 0.0175
September 0.0175 0.0172 0.0173
October 0.0177 0.0173 0.0174
November 0.0178 0.0175 0.0176
December 0.0177 0.0174 0.0176