2024 PHP to XOF Historical Review

YEARLY HIGH

10.9069 XOF

YEARLY LOW

10.2330 XOF

YEARLY AVERAGE

10.5850 XOF

2024 PHP to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PHP to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 10.9069. Conversely, the yearly low was recorded on June 4, dropping to 10.2330.

This high-to-low spread represents a total annual volatility of 0.6738 XOF. From a start-to-finish perspective, comparing the January average rate of 10.7439 to the December average rate of 10.7217, the exchange rate registered a net change of -0.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 10.9069 was down 3.73% compared to the 2023 peak of 11.3292, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 2,726,718 XOF

2023 Average 2,725,028 XOF

Yearly Trough Low 2,558,258 XOF

Transaction Impact: A difference of 168,460.39 XOF purely based on transaction execution date.

প্রবণতার চিত্রায়ন

2024 সাল জুড়ে মাসিক গড় ওঠানামা।

10.8984

10.2835

JanuMarcMayJulySeptNove

PHP 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 10.6656, compared to 10.5044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1612 points.

H1 Avg (Jan–Jun) 10.6656

H2 Avg (Jul–Dec) 10.5044

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.4068 XOF (High: 10.6829 / Low: 10.2761). On the other end, July was the most stable month, with a tight range of 0.1129 XOF (High: 10.3950 / Low: 10.2821).

November Spread (Volatile) ±0.4068

July Spread (Stable) ±0.1129

Growth Streaks & Declines

Trends

Between July and September, 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 0.2267 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2267

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 10.8472) against the same month in 2023 (average: 11.1745), the exchange rate shifted by -0.3273 (-2.93%).

2024 Avg (February) 10.8472

2023 Avg (February) 11.1745

মাসিক বিশ্লেষণ

প্রতিটি ক্যালেন্ডার মাসের পরিসংখ্যানগত সারসংক্ষেপ।

Month	High	Low	Average
January	10.8017	10.6428	10.7439
February	10.9069	10.7576	10.8472
March	10.8569	10.6987	10.7929
April	10.8829	10.5817	10.7266
May	10.6750	10.3245	10.5000
June	10.4758	10.2330	10.3833
July	10.3950	10.2821	10.3347
August	10.5452	10.3558	10.4442
September	10.6065	10.4696	10.5364
October	10.6137	10.3436	10.4737
November	10.6829	10.2761	10.5158
December	10.8866	10.5875	10.7217

2024 PHP থেকে XOF-এর ঐতিহাসিক পর্যালোচনা