YEARLY HIGH
372.8092 XOF
YEARLY LOW
344.4353 XOF
YEARLY AVERAGE
356.6320 XOF

2024 AZN to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 372.8092. Conversely, the yearly low was recorded on August 23, dropping to 344.4353.

This high-to-low spread represents a total annual volatility of 28.3739 XOF. From a start-to-finish perspective, comparing the January average rate of 353.5986 to the December average rate of 368.4740, the exchange rate registered a net change of 4.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 372.8092 was up 1.15% compared to the 2023 peak of 368.5535, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,864,046 XOF
2023 Average 1,782,758 XOF
Yearly Trough Low 1,722,177 XOF
Transaction Impact: A difference of 141,869.42 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

370.5911
345.1855
JanuMarcMayJulySeptNove

AZN 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 356.8493, compared to 356.4147 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4346 points.

H1 Avg (Jan–Jun) 356.8493
H2 Avg (Jul–Dec) 356.4147

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 17.4796 XOF (High: 370.3754 / Low: 352.8958). On the other end, March was the most stable month, with a tight range of 5.2827 XOF (High: 357.5714 / Low: 352.2887).

November Spread (Volatile) ±17.4796
March Spread (Stable) ±5.2827

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 5.4538 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -5.4538

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 368.4740) against the same month in 2023 (average: 353.2713), the exchange rate shifted by +15.2027 (+4.30%).

2024 Avg (December) 368.4740
2023 Avg (December) 353.2713

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 357.1276 349.6151 353.5986
February 360.3278 354.8314 357.4573
March 357.5714 352.2887 354.8327
April 363.2934 355.2307 359.8248
May 360.0128 354.3761 356.8356
June 361.2792 353.7620 358.5470
July 359.3815 352.6869 355.4880
August 357.7225 344.4353 350.0342
September 350.4503 344.7892 347.3026
October 357.9220 348.7356 354.0985
November 370.3754 352.8958 363.0909
December 372.8092 364.4814 368.4740