YEARLY HIGH
35.0178 XOF
YEARLY LOW
33.5745 XOF
YEARLY AVERAGE
34.1920 XOF

2024 MDL to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MDL to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 35.0178. Conversely, the yearly low was recorded on August 28, dropping to 33.5745.

This high-to-low spread represents a total annual volatility of 1.4432 XOF. From a start-to-finish perspective, comparing the January average rate of 34.1206 to the December average rate of 34.1972, the exchange rate registered a net change of 0.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 35.0178 was up 1.02% compared to the 2023 peak of 34.6649, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 175,089 XOF
2023 Average 167,555 XOF
Yearly Trough Low 167,873 XOF
Transaction Impact: A difference of 7,216.25 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

34.5730
33.9201
JanuMarcMayJulySeptNove

MDL 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 34.2859, compared to 34.0982 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1877 points.

H1 Avg (Jan–Jun) 34.2859
H2 Avg (Jul–Dec) 34.0982

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.9108 XOF (High: 34.6545 / Low: 33.7438). On the other end, July was the most stable month, with a tight range of 0.4019 XOF (High: 34.3738 / Low: 33.9719).

January Spread (Volatile) ±0.9108
July Spread (Stable) ±0.4019

Growth Streaks & Declines

Trends

Between January and April, 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 0.2651 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2651

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 34.5186) against the same month in 2023 (average: 33.0947), the exchange rate shifted by +1.4240 (+4.30%).

2024 Avg (April) 34.5186
2023 Avg (April) 33.0947

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 34.6545 33.7438 34.1206
February 34.5695 33.8492 34.1377
March 34.5170 33.8845 34.1821
April 35.0178 34.2481 34.5186
May 34.7340 34.0416 34.3563
June 34.6236 34.1634 34.3998
July 34.3738 33.9719 34.1347
August 34.3185 33.5745 34.0325
September 34.3472 33.6915 33.9745
October 34.3537 33.7625 34.0442
November 34.5860 33.7401 34.2058
December 34.6321 33.7986 34.1972