2024 CDF to XOF Historical Review

YEARLY HIGH

0.2261 XOF

YEARLY LOW

0.2049 XOF

YEARLY AVERAGE

0.2154 XOF

2024 CDF to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CDF to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.2261. Conversely, the yearly low was recorded on September 28, dropping to 0.2049.

This high-to-low spread represents a total annual volatility of 0.0212 XOF. From a start-to-finish perspective, comparing the January average rate of 0.2209 to the December average rate of 0.2195, the exchange rate registered a net change of -0.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2261 was down 25.92% compared to the 2023 peak of 0.3053, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,131 XOF

2023 Average 1,310 XOF

Yearly Trough Low 1,025 XOF

Transaction Impact: A difference of 105.99 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2223

0.2059

JanuMarcMayJulySeptNove

CDF 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 0.2184, compared to 0.2125 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0059 points.

H1 Avg (Jan–Jun) 0.2184

H2 Avg (Jul–Dec) 0.2125

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0096 XOF (High: 0.2204 / Low: 0.2108). On the other end, March was the most stable month, with a tight range of 0.0035 XOF (High: 0.2192 / Low: 0.2157).

November Spread (Volatile) ±0.0096

March Spread (Stable) ±0.0035

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 0.0036 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2209) against the same month in 2023 (average: 0.2968), the exchange rate shifted by -0.0759 (-25.58%).

2024 Avg (January) 0.2209

2023 Avg (January) 0.2968

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2261	0.2171	0.2209
February	0.2227	0.2185	0.2205
March	0.2192	0.2157	0.2175
April	0.2217	0.2147	0.2192
May	0.2192	0.2138	0.2170
June	0.2174	0.2132	0.2152
July	0.2148	0.2095	0.2125
August	0.2131	0.2054	0.2089
September	0.2099	0.2049	0.2073
October	0.2139	0.2077	0.2108
November	0.2204	0.2108	0.2158
December	0.2228	0.2160	0.2195