2024 XAF to SGD Historical Review

YEARLY HIGH

0.0022 SGD

YEARLY LOW

0.0021 SGD

YEARLY AVERAGE

0.0022 SGD

2024 XAF to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XAF to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 0.0022. Conversely, the yearly low was recorded on November 22, dropping to 0.0021.

This high-to-low spread represents a total annual volatility of 0.0001 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0022 to the December average rate of 0.0022, the exchange rate registered a net change of -2.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0022 was down 1.15% compared to the 2023 peak of 0.0023, 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 11 SGD

2023 Average 11 SGD

Yearly Trough Low 11 SGD

Transaction Impact: A difference of 0.51 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0022

0.0021

JanuMarcMayJulySeptNove

XAF to SGD 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 0.0022, compared to 0.0022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0022

H2 Avg (Jul–Dec) 0.0022

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0001 SGD (High: 0.0022 / Low: 0.0021). On the other end, December was the most stable month, with a tight range of 0.0000 SGD (High: 0.0022 / Low: 0.0022).

November Spread (Volatile) ±0.0001

December Spread (Stable) ±0.0000

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 0.0000 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0022) against the same month in 2023 (average: 0.0022), the exchange rate shifted by +0.0000 (+0.20%).

2024 Avg (May) 0.0022

2023 Avg (May) 0.0022

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0022	0.0022	0.0022
February	0.0022	0.0022	0.0022
March	0.0022	0.0022	0.0022
April	0.0022	0.0022	0.0022
May	0.0022	0.0022	0.0022
June	0.0022	0.0022	0.0022
July	0.0022	0.0022	0.0022
August	0.0022	0.0022	0.0022
September	0.0022	0.0022	0.0022
October	0.0022	0.0022	0.0022
November	0.0022	0.0021	0.0022
December	0.0022	0.0022	0.0022