2024 DOP to XOF Historical Review

YEARLY HIGH

10.5299 XOF

YEARLY LOW

9.7173 XOF

YEARLY AVERAGE

10.2020 XOF

2024 DOP to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 10.5299. Conversely, the yearly low was recorded on September 28, dropping to 9.7173.

This high-to-low spread represents a total annual volatility of 0.8125 XOF. From a start-to-finish perspective, comparing the January average rate of 10.2606 to the December average rate of 10.3206, the exchange rate registered a net change of 0.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 10.5299 was down 6.99% compared to the 2023 peak of 11.3218, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 52,649 XOF

2023 Average 54,144 XOF

Yearly Trough Low 48,587 XOF

Transaction Impact: A difference of 4,062.65 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

10.4290

9.7855

JanuMarcMayJulySeptNove

DOP 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 10.3096, compared to 10.0945 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2151 points.

H1 Avg (Jan–Jun) 10.3096

H2 Avg (Jul–Dec) 10.0945

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.5298 XOF (High: 10.4500 / Low: 9.9202). On the other end, January was the most stable month, with a tight range of 0.1687 XOF (High: 10.3588 / Low: 10.1901).

November Spread (Volatile) ±0.5298

January Spread (Stable) ±0.1687

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 0.2331 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2331

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 10.3754) against the same month in 2023 (average: 11.0575), the exchange rate shifted by -0.6821 (-6.17%).

2024 Avg (May) 10.3754

2023 Avg (May) 11.0575

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.3588	10.1901	10.2606
February	10.4519	10.2587	10.3526
March	10.3313	10.1357	10.2258
April	10.5082	10.1920	10.3557
May	10.5299	10.1966	10.3754
June	10.4161	10.1451	10.2875
July	10.3375	10.1617	10.2170
August	10.2363	9.7875	9.9839
September	9.9527	9.7173	9.8392
October	10.0858	9.8110	9.9776
November	10.4500	9.9202	10.2285
December	10.4171	10.2334	10.3206