2024 ARS to XOF Historical Review

YEARLY HIGH

0.7406 XOF

YEARLY LOW

0.6043 XOF

YEARLY AVERAGE

0.6656 XOF

2024 ARS to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.7406. Conversely, the yearly low was recorded on November 5, dropping to 0.6043.

This high-to-low spread represents a total annual volatility of 0.1363 XOF. From a start-to-finish perspective, comparing the January average rate of 0.7353 to the December average rate of 0.6142, the exchange rate registered a net change of -16.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7406 was down 78.76% compared to the 2023 peak of 3.4875, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ARS based on timing:

Yearly Peak High 3,703 XOF

2023 Average 11,582 XOF

Yearly Trough Low 3,021 XOF

Transaction Impact: A difference of 681.70 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7474

0.6021

JanuMarcMayJulySeptNove

ARS to XOF 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 0.7063, compared to 0.6249 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0814 points.

H1 Avg (Jan–Jun) 0.7063

H2 Avg (Jul–Dec) 0.6249

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0341 XOF (High: 0.6527 / Low: 0.6186). On the other end, January was the most stable month, with a tight range of 0.0082 XOF (High: 0.7406 / Low: 0.7325).

August Spread (Volatile) ±0.0341

January Spread (Stable) ±0.0082

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 July and August, when the average rate fell by 0.0228 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0228

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.7353) against the same month in 2023 (average: 3.3417), the exchange rate shifted by -2.6064 (-78.00%).

2024 Avg (January) 0.7353

2023 Avg (January) 3.3417

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7406	0.7325	0.7353
February	0.7369	0.7190	0.7286
March	0.7184	0.7029	0.7095
April	0.7117	0.6983	0.7051
May	0.7012	0.6757	0.6851
June	0.6795	0.6703	0.6746
July	0.6689	0.6496	0.6555
August	0.6527	0.6186	0.6327
September	0.6231	0.6068	0.6149
October	0.6182	0.6086	0.6147
November	0.6273	0.6043	0.6177
December	0.6200	0.6106	0.6142