YEARLY HIGH
3200.6345 CDF
YEARLY LOW
2900.6052 CDF
YEARLY AVERAGE
3046.4859 CDF

2024 EUR to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EUR to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 3200.6345. Conversely, the yearly low was recorded on January 20, dropping to 2900.6052.

This high-to-low spread represents a total annual volatility of 300.0293 CDF. From a start-to-finish perspective, comparing the January average rate of 2969.5909 to the December average rate of 2989.0031, the exchange rate registered a net change of 0.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 3200.6345 was up 4.13% compared to the 2023 peak of 3073.7382, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,003,173 CDF
2023 Average 12,649,312 CDF
Yearly Trough Low 14,503,026 CDF
Transaction Impact: A difference of 1,500,146.70 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3184.0780
2950.0921
JanuMarcMayJulySeptNove

EUR to CDF 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 3004.0860, compared to 3088.8858 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 84.7998 points.

H1 Avg (Jan–Jun) 3004.0860
H2 Avg (Jul–Dec) 3088.8858

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 135.1381 CDF (High: 3111.4948 / Low: 2976.3566). On the other end, March was the most stable month, with a tight range of 49.0030 CDF (High: 3041.3150 / Low: 2992.3119).

November Spread (Volatile) ±135.1381
March Spread (Stable) ±49.0030

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 71.0643 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -71.0643

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 3164.5792) against the same month in 2023 (average: 2652.2772), the exchange rate shifted by +512.3020 (+19.32%).

2024 Avg (September) 3164.5792
2023 Avg (September) 2652.2772

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3021.4565 2900.6052 2969.5909
February 3002.1994 2945.1368 2975.3268
March 3041.3150 2992.3119 3015.9034
April 3055.3592 2958.6428 2993.0468
May 3068.3306 2992.0196 3022.9462
June 3077.0919 3016.8949 3047.7018
July 3131.7406 3054.5047 3086.8145
August 3193.5195 3078.2026 3140.7075
September 3200.6345 3125.8214 3164.5792
October 3158.2328 3067.0933 3111.6374
November 3111.4948 2976.3566 3040.5731
December 3036.2606 2944.6337 2989.0031