2024 JOD to XOF Historical Review

YEARLY HIGH

893.6486 XOF

YEARLY LOW

826.2170 XOF

YEARLY AVERAGE

855.2484 XOF

2024 JOD to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 893.6486. Conversely, the yearly low was recorded on August 23, dropping to 826.2170.

This high-to-low spread represents a total annual volatility of 67.4316 XOF. From a start-to-finish perspective, comparing the January average rate of 847.5022 to the December average rate of 883.2127, the exchange rate registered a net change of 4.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 893.6486 was up 1.18% compared to the 2023 peak of 883.1984, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,468,243 XOF

2023 Average 4,273,471 XOF

Yearly Trough Low 4,131,085 XOF

Transaction Impact: A difference of 337,158.03 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

888.2209

828.1219

JanuMarcMayJulySeptNove

JOD 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 855.7670, compared to 854.7297 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0373 points.

H1 Avg (Jan–Jun) 855.7670

H2 Avg (Jul–Dec) 854.7297

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 41.9056 XOF (High: 887.9398 / Low: 846.0342). On the other end, March was the most stable month, with a tight range of 12.6683 XOF (High: 857.4853 / Low: 844.8170).

November Spread (Volatile) ±41.9056

March Spread (Stable) ±12.6683

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 13.0784 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -13.0784

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 883.2127) against the same month in 2023 (average: 846.5383), the exchange rate shifted by +36.6744 (+4.33%).

2024 Avg (December) 883.2127

2023 Avg (December) 846.5383

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	856.0587	837.5784	847.5022
February	863.8518	850.5548	856.9783
March	857.4853	844.8170	851.1659
April	871.4530	851.8721	863.2016
May	863.5837	849.8227	855.7953
June	866.6216	848.3501	859.9586
July	861.9476	846.0105	852.7103
August	858.0897	826.2170	839.6319
September	840.6455	827.0660	833.1301
October	858.2050	836.5325	849.2912
November	887.9398	846.0342	870.4021
December	893.6486	873.6864	883.2127