2024 COP to XOF Historical Review

YEARLY HIGH

0.1613 XOF

YEARLY LOW

0.1356 XOF

YEARLY AVERAGE

0.1492 XOF

2024 COP to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.1613. Conversely, the yearly low was recorded on November 4, dropping to 0.1356.

This high-to-low spread represents a total annual volatility of 0.0258 XOF. From a start-to-finish perspective, comparing the January average rate of 0.1534 to the December average rate of 0.1426, the exchange rate registered a net change of -7.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1613 was up 2.52% compared to the 2023 peak of 0.1574, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 806,652 XOF

2023 Average 704,671 XOF

Yearly Trough Low 677,779 XOF

Transaction Impact: A difference of 128,873.56 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1601

0.1383

JanuMarcMayJulySeptNove

COP 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 0.1548, compared to 0.1436 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0112 points.

H1 Avg (Jan–Jun) 0.1548

H2 Avg (Jul–Dec) 0.1436

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0102 XOF (High: 0.1566 / Low: 0.1464). On the other end, May was the most stable month, with a tight range of 0.0029 XOF (High: 0.1587 / Low: 0.1558).

June Spread (Volatile) ±0.0102

May Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0066 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1583) against the same month in 2023 (average: 0.1317), the exchange rate shifted by +0.0266 (+20.23%).

2024 Avg (April) 0.1583

2023 Avg (April) 0.1317

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1549	0.1515	0.1534
February	0.1561	0.1525	0.1547
March	0.1575	0.1528	0.1548
April	0.1613	0.1546	0.1583
May	0.1587	0.1558	0.1570
June	0.1566	0.1464	0.1504
July	0.1525	0.1476	0.1496
August	0.1502	0.1437	0.1467
September	0.1436	0.1387	0.1411
October	0.1442	0.1366	0.1414
November	0.1434	0.1356	0.1401
December	0.1448	0.1397	0.1426