2024 LAK to XOF Historical Review

YEARLY HIGH

0.0294 XOF

YEARLY LOW

0.0265 XOF

YEARLY AVERAGE

0.0281 XOF

2024 LAK to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LAK to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 0.0294. Conversely, the yearly low was recorded on August 23, dropping to 0.0265.

This high-to-low spread represents a total annual volatility of 0.0029 XOF. From a start-to-finish perspective, comparing the January average rate of 0.0291 to the December average rate of 0.0286, the exchange rate registered a net change of -1.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0294 was down 20.37% compared to the 2023 peak of 0.0369, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 147 XOF

2023 Average 163 XOF

Yearly Trough Low 133 XOF

Transaction Impact: A difference of 14.34 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0294

0.0265

JanuMarcMayJulySeptNove

LAK 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 0.0287, compared to 0.0275 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0287

H2 Avg (Jul–Dec) 0.0275

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0013 XOF (High: 0.0287 / Low: 0.0274). On the other end, September was the most stable month, with a tight range of 0.0004 XOF (High: 0.0269 / Low: 0.0266).

November Spread (Volatile) ±0.0013

September Spread (Stable) ±0.0004

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 June and July, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0292) against the same month in 2023 (average: 0.0363), the exchange rate shifted by -0.0072 (-19.75%).

2024 Avg (February) 0.0292

2023 Avg (February) 0.0363

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0293	0.0289	0.0291
February	0.0294	0.0290	0.0292
March	0.0290	0.0286	0.0288
April	0.0290	0.0285	0.0288
May	0.0287	0.0281	0.0284
June	0.0281	0.0277	0.0280
July	0.0277	0.0271	0.0273
August	0.0274	0.0265	0.0269
September	0.0269	0.0266	0.0267
October	0.0277	0.0267	0.0274
November	0.0287	0.0274	0.0281
December	0.0290	0.0282	0.0286