2024 BMD to XOF Historical Review

YEARLY HIGH

633.7756 XOF

YEARLY LOW

585.5400 XOF

YEARLY AVERAGE

606.3114 XOF

2024 BMD to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BMD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 633.7756. Conversely, the yearly low was recorded on August 23, dropping to 585.5400.

This high-to-low spread represents a total annual volatility of 48.2356 XOF. From a start-to-finish perspective, comparing the January average rate of 601.2398 to the December average rate of 626.4058, 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 633.7756 was up 1.15% compared to the 2023 peak of 626.5409, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,168,878 XOF

2023 Average 3,030,848 XOF

Yearly Trough Low 2,927,700 XOF

Transaction Impact: A difference of 241,178.02 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

630.0049

586.8153

JanuMarcMayJulySeptNove

BMD 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 606.7178, compared to 605.9050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8128 points.

H1 Avg (Jan–Jun) 606.7178

H2 Avg (Jul–Dec) 605.9050

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 29.7153 XOF (High: 629.6381 / Low: 599.9229). On the other end, March was the most stable month, with a tight range of 8.9806 XOF (High: 607.8713 / Low: 598.8908).

November Spread (Volatile) ±29.7153

March Spread (Stable) ±8.9806

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 9.2714 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -9.2714

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 626.4058) against the same month in 2023 (average: 600.5613), the exchange rate shifted by +25.8445 (+4.30%).

2024 Avg (December) 626.4058

2023 Avg (December) 600.5613

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	607.1169	594.3456	601.2398
February	612.5573	603.2135	607.6775
March	607.8713	598.8908	603.4053
April	617.5988	603.8921	611.8341
May	612.0217	602.4393	606.6206
June	614.1747	601.3954	609.5298
July	610.9485	599.5677	604.3296
August	608.1282	585.5400	595.0582
September	595.7655	586.1417	590.4144
October	608.4674	592.8506	601.9674
November	629.6381	599.9229	617.2546
December	633.7756	619.6184	626.4058