2024 BBD to XOF Historical Review

YEARLY HIGH

316.8878 XOF

YEARLY LOW

292.7700 XOF

YEARLY AVERAGE

303.1557 XOF

2024 BBD to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BBD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 316.8878. Conversely, the yearly low was recorded on August 23, dropping to 292.7700.

This high-to-low spread represents a total annual volatility of 24.1178 XOF. From a start-to-finish perspective, comparing the January average rate of 300.6199 to the December average rate of 313.2029, the exchange rate registered a net change of 4.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 316.8878 was up 1.15% compared to the 2023 peak of 313.2705, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,584,439 XOF

2023 Average 1,515,424 XOF

Yearly Trough Low 1,463,850 XOF

Transaction Impact: A difference of 120,589.01 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

315.0025

293.4076

JanuMarcMayJulySeptNove

BBD 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 303.3589, compared to 302.9525 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4064 points.

H1 Avg (Jan–Jun) 303.3589

H2 Avg (Jul–Dec) 302.9525

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 14.8576 XOF (High: 314.8191 / Low: 299.9614). On the other end, March was the most stable month, with a tight range of 4.4903 XOF (High: 303.9357 / Low: 299.4454).

November Spread (Volatile) ±14.8576

March Spread (Stable) ±4.4903

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 4.6357 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -4.6357

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 313.2029) against the same month in 2023 (average: 300.2806), the exchange rate shifted by +12.9223 (+4.30%).

2024 Avg (December) 313.2029

2023 Avg (December) 300.2806

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	303.5584	297.1728	300.6199
February	306.2787	301.6067	303.8387
March	303.9357	299.4454	301.7026
April	308.7994	301.9461	305.9170
May	306.0109	301.2197	303.3103
June	307.0874	300.6977	304.7649
July	305.4742	299.7838	302.1648
August	304.0641	292.7700	297.5291
September	297.8827	293.0708	295.2072
October	304.2337	296.4253	300.9837
November	314.8191	299.9614	308.6273
December	316.8878	309.8092	313.2029