2024 XAF to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 XAF to SYP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the XAF to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 20.6802. Conversely, the yearly low was recorded on December 18, dropping to 3.9644.
This high-to-low spread represents a total annual volatility of 16.7158 SYP. From a start-to-finish perspective, comparing the January average rate of 4.1790 to the December average rate of 9.9192, the exchange rate registered a net change of 137.36% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 20.6802 was up 380.19% compared to the 2023 peak of 4.3066, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 XAF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
XAF to SYP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 4.1414, compared to 5.1334 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9920 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 16.7158 SYP (High: 20.6802 / Low: 3.9644). On the other end, March was the most stable month, with a tight range of 0.0620 SYP (High: 4.1953 / Low: 4.1333).
Growth Streaks & Declines
TrendsBetween 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 0.1028 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 9.9192) against the same month in 2023 (average: 4.1840), the exchange rate shifted by +5.7352 (+137.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.2274 | 4.1385 | 4.1790 |
| February | 4.1652 | 4.1017 | 4.1347 |
| March | 4.1953 | 4.1333 | 4.1640 |
| April | 4.1606 | 4.0682 | 4.1068 |
| May | 4.1706 | 4.1053 | 4.1419 |
| June | 4.1778 | 4.0909 | 4.1222 |
| July | 4.1906 | 4.1125 | 4.1576 |
| August | 4.2910 | 4.1316 | 4.2227 |
| September | 4.2866 | 4.2173 | 4.2556 |
| October | 4.2380 | 4.1293 | 4.1741 |
| November | 4.1881 | 3.9904 | 4.0713 |
| December | 20.6802 | 3.9644 | 9.9192 |