2024 BZD to XOF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BZD to XOF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BZD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 315.5043. Conversely, the yearly low was recorded on August 23, dropping to 290.3914.
This high-to-low spread represents a total annual volatility of 25.1129 XOF. From a start-to-finish perspective, comparing the January average rate of 298.3272 to the December average rate of 311.3152, the exchange rate registered a net change of 4.35% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 315.5043 was up 1.54% compared to the 2023 peak of 310.7232, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BZD to XOF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 301.0650, compared to 300.6949 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3701 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 14.5692 XOF (High: 312.1277 / Low: 297.5585). On the other end, February was the most stable month, with a tight range of 4.7399 XOF (High: 303.8862 / Low: 299.1463).
Growth Streaks & Declines
TrendsBetween 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 4.4391 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 311.3152) against the same month in 2023 (average: 297.6338), the exchange rate shifted by +13.6814 (+4.60%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 301.7410 | 294.0317 | 298.3272 |
| February | 303.8862 | 299.1463 | 301.4221 |
| March | 302.4632 | 297.1700 | 299.5311 |
| April | 306.5402 | 299.6904 | 303.6574 |
| May | 303.6560 | 298.9141 | 301.0712 |
| June | 304.9988 | 298.5476 | 302.3809 |
| July | 303.0844 | 297.5878 | 299.9126 |
| August | 301.9645 | 290.3914 | 295.4735 |
| September | 295.6424 | 290.6930 | 292.8610 |
| October | 301.9271 | 294.3694 | 298.4465 |
| November | 312.1277 | 297.5585 | 306.1607 |
| December | 315.5043 | 307.1922 | 311.3152 |