YEARLY HIGH
276.6485 XOF
YEARLY LOW
263.9240 XOF
YEARLY AVERAGE
269.5137 XOF

2024 FJD to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 276.6485. Conversely, the yearly low was recorded on September 16, dropping to 263.9240.

This high-to-low spread represents a total annual volatility of 12.7245 XOF. From a start-to-finish perspective, comparing the January average rate of 269.2082 to the December average rate of 271.5004, the exchange rate registered a net change of 0.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 276.6485 was down 1.92% compared to the 2023 peak of 282.0719, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,383,242 XOF
2023 Average 1,359,445 XOF
Yearly Trough Low 1,319,620 XOF
Transaction Impact: A difference of 63,622.58 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

272.8917
266.1907
JanuMarcMayJulySeptNove

FJD 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 269.5595, compared to 269.4679 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0916 points.

H1 Avg (Jan–Jun) 269.5595
H2 Avg (Jul–Dec) 269.4679

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 11.6084 XOF (High: 276.6485 / Low: 265.0401). On the other end, April was the most stable month, with a tight range of 4.3563 XOF (High: 271.5802 / Low: 267.2239).

November Spread (Volatile) ±11.6084
April Spread (Stable) ±4.3563

Growth Streaks & Declines

Trends

Between August and November, 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 2.5719 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.5719

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 272.3333) against the same month in 2023 (average: 268.3247), the exchange rate shifted by +4.0086 (+1.49%).

2024 Avg (November) 272.3333
2023 Avg (November) 268.3247

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 271.0769 266.0263 269.2082
February 271.5526 266.1048 270.1768
March 269.4188 264.5299 267.9927
April 271.5802 267.2239 269.9546
May 271.7777 266.5198 268.8850
June 273.9055 266.2279 271.1399
July 272.3106 267.0785 269.3210
August 268.9048 264.2663 266.7491
September 269.8162 263.9240 267.4092
October 271.8959 265.1950 269.4946
November 276.6485 265.0401 272.3333
December 275.0291 268.9481 271.5004