YEARLY HIGH
0.0618 SRD
YEARLY LOW
0.0474 SRD
YEARLY AVERAGE
0.0546 SRD

2024 XAF to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XAF to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.0618. Conversely, the yearly low was recorded on August 1, dropping to 0.0474.

This high-to-low spread represents a total annual volatility of 0.0144 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0610 to the December average rate of 0.0562, the exchange rate registered a net change of -7.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0618 was down 5.88% compared to the 2023 peak of 0.0657, 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 309 SRD
2023 Average 302 SRD
Yearly Trough Low 237 SRD
Transaction Impact: A difference of 72.15 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0623
0.0471
JanuMarcMayJulySeptNove

XAF to SRD 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 0.0568, compared to 0.0525 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 0.0568
H2 Avg (Jul–Dec) 0.0525

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0055 SRD (High: 0.0570 / Low: 0.0516). On the other end, December was the most stable month, with a tight range of 0.0015 SRD (High: 0.0570 / Low: 0.0555).

October Spread (Volatile) ±0.0055
December Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between August and November, 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 April and May, when the average rate fell by 0.0028 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0610) against the same month in 2023 (average: 0.0523), the exchange rate shifted by +0.0087 (+16.62%).

2024 Avg (January) 0.0610
2023 Avg (January) 0.0523

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0618 0.0603 0.0610
February 0.0609 0.0582 0.0595
March 0.0592 0.0575 0.0584
April 0.0578 0.0550 0.0566
May 0.0553 0.0530 0.0538
June 0.0536 0.0500 0.0514
July 0.0505 0.0476 0.0491
August 0.0491 0.0474 0.0484
September 0.0523 0.0487 0.0503
October 0.0570 0.0516 0.0540
November 0.0582 0.0564 0.0570
December 0.0570 0.0555 0.0562