2024 LBP to XOF Historical Review

YEARLY HIGH

0.0408 XOF

YEARLY LOW

0.0065 XOF

YEARLY AVERAGE

0.0116 XOF

2024 LBP to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LBP to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.0408. Conversely, the yearly low was recorded on August 23, dropping to 0.0065.

This high-to-low spread represents a total annual volatility of 0.0343 XOF. From a start-to-finish perspective, comparing the January average rate of 0.0400 to the December average rate of 0.0070, the exchange rate registered a net change of -82.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0408 was down 90.04% compared to the 2023 peak of 0.4097, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 204 XOF

2023 Average 379 XOF

Yearly Trough Low 33 XOF

Transaction Impact: A difference of 171.27 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0433

0.0033

JanuMarcMayJulySeptNove

LBP 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 0.0164, compared to 0.0068 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0096 points.

H1 Avg (Jan–Jun) 0.0164

H2 Avg (Jul–Dec) 0.0068

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0340 XOF (High: 0.0408 / Low: 0.0067). On the other end, May was the most stable month, with a tight range of 0.0001 XOF (High: 0.0068 / Low: 0.0067).

February Spread (Volatile) ±0.0340

May Spread (Stable) ±0.0001

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 February and March, when the average rate fell by 0.0244 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0244

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0312) against the same month in 2023 (average: 0.1046), the exchange rate shifted by -0.0735 (-70.21%).

2024 Avg (February) 0.0312

2023 Avg (February) 0.1046

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0404	0.0394	0.0400
February	0.0408	0.0067	0.0312
March	0.0068	0.0067	0.0067
April	0.0069	0.0067	0.0068
May	0.0068	0.0067	0.0068
June	0.0069	0.0067	0.0068
July	0.0068	0.0067	0.0068
August	0.0068	0.0065	0.0066
September	0.0067	0.0065	0.0066
October	0.0068	0.0066	0.0067
November	0.0070	0.0067	0.0069
December	0.0071	0.0069	0.0070