2024 XAF to TRY Historical Review

YEARLY HIGH

0.0582 TRY

YEARLY LOW

0.0496 TRY

YEARLY AVERAGE

0.0542 TRY

2024 XAF to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XAF to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.0582. Conversely, the yearly low was recorded on January 3, dropping to 0.0496.

This high-to-low spread represents a total annual volatility of 0.0086 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0501 to the December average rate of 0.0559, the exchange rate registered a net change of 11.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0582 was up 16.78% compared to the 2023 peak of 0.0499, 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 291 TRY

2023 Average 197 TRY

Yearly Trough Low 248 TRY

Transaction Impact: A difference of 43.10 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0585

0.0493

JanuMarcMayJulySeptNove

XAF to TRY 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 0.0522, compared to 0.0562 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.0522

H2 Avg (Jul–Dec) 0.0562

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0035 TRY (High: 0.0580 / Low: 0.0545). On the other end, May was the most stable month, with a tight range of 0.0006 TRY (High: 0.0535 / Low: 0.0529).

August Spread (Volatile) ±0.0035

May Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0011 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0577) against the same month in 2023 (average: 0.0440), the exchange rate shifted by +0.0137 (+31.22%).

2024 Avg (September) 0.0577

2023 Avg (September) 0.0440

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0503	0.0496	0.0501
February	0.0516	0.0500	0.0507
March	0.0540	0.0519	0.0531
April	0.0534	0.0525	0.0529
May	0.0535	0.0529	0.0532
June	0.0541	0.0530	0.0535
July	0.0552	0.0533	0.0545
August	0.0580	0.0545	0.0566
September	0.0582	0.0571	0.0577
October	0.0577	0.0563	0.0569
November	0.0572	0.0549	0.0558
December	0.0561	0.0553	0.0559