2024 BAM to XOF Historical Review

YEARLY HIGH

340.1346 XOF

YEARLY LOW

332.4575 XOF

YEARLY AVERAGE

335.4178 XOF

2024 BAM to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BAM to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 340.1346. Conversely, the yearly low was recorded on March 20, dropping to 332.4575.

This high-to-low spread represents a total annual volatility of 7.6771 XOF. From a start-to-finish perspective, comparing the January average rate of 335.5187 to the December average rate of 335.6497, the exchange rate registered a net change of 0.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 340.1346 was down 0.00% compared to the 2023 peak of 340.1489, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,700,673 XOF

2023 Average 1,676,328 XOF

Yearly Trough Low 1,662,287 XOF

Transaction Impact: A difference of 38,385.69 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

335.8391

334.8443

JanuMarcMayJulySeptNove

BAM 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 335.4566, compared to 335.3789 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0777 points.

H1 Avg (Jan–Jun) 335.4566

H2 Avg (Jul–Dec) 335.3789

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 6.5583 XOF (High: 340.1346 / Low: 333.5763). On the other end, October was the most stable month, with a tight range of 2.4966 XOF (High: 336.5540 / Low: 334.0574).

December Spread (Volatile) ±6.5583

October Spread (Stable) ±2.4966

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.5609 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5609

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 335.6497) against the same month in 2023 (average: 335.1563), the exchange rate shifted by +0.4934 (+0.15%).

2024 Avg (December) 335.6497

2023 Avg (December) 335.1563

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	337.0666	334.1843	335.5187
February	337.9668	334.3663	335.5066
March	337.1664	332.4575	335.3322
April	339.0550	333.6736	335.7562
May	336.4587	333.1868	335.1954
June	337.9648	333.4489	335.4305
July	336.4883	333.7998	335.2850
August	336.0348	332.5759	334.9272
September	337.0992	333.3948	335.4239
October	336.5540	334.0574	335.4063
November	337.4349	333.4723	335.5816
December	340.1346	333.5763	335.6497