YEARLY HIGH
176.7361 XOF
YEARLY LOW
155.2018 XOF
YEARLY AVERAGE
163.8705 XOF

2024 ILS to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 176.7361. Conversely, the yearly low was recorded on September 20, dropping to 155.2018.

This high-to-low spread represents a total annual volatility of 21.5344 XOF. From a start-to-finish perspective, comparing the January average rate of 162.1466 to the December average rate of 172.8872, the exchange rate registered a net change of 6.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 176.7361 was down 1.77% compared to the 2023 peak of 179.9283, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 883,681 XOF
2023 Average 823,297 XOF
Yearly Trough Low 776,009 XOF
Transaction Impact: A difference of 107,671.92 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

174.3475
156.8239
JanuMarcMayJulySeptNove

ILS 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 164.1618, compared to 163.5792 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5826 points.

H1 Avg (Jan–Jun) 164.1618
H2 Avg (Jul–Dec) 163.5792

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 12.1763 XOF (High: 172.3001 / Low: 160.1238). On the other end, May was the most stable month, with a tight range of 2.8399 XOF (High: 165.2705 / Low: 162.4307).

November Spread (Volatile) ±12.1763
May Spread (Stable) ±2.8399

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 4.6461 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -4.6461

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 172.8872) against the same month in 2023 (average: 163.9091), the exchange rate shifted by +8.9780 (+5.48%).

2024 Avg (December) 172.8872
2023 Avg (December) 163.9091

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 166.8087 158.7335 162.1466
February 169.9440 164.6122 166.7681
March 169.6622 163.6284 166.1158
April 166.1310 160.1402 162.7825
May 165.2705 162.4307 163.8756
June 164.8081 161.3008 163.2821
July 166.6417 161.1598 164.5600
August 163.4730 156.5818 159.9139
September 163.5795 155.2018 158.2842
October 163.2077 156.2314 159.8761
November 172.3001 160.1238 165.9540
December 176.7361 170.7108 172.8872