2024 NGN to XPF Historical Review

YEARLY HIGH

0.1276 XPF

YEARLY LOW

0.0640 XPF

YEARLY AVERAGE

0.0774 XPF

2024 NGN to XPF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NGN to XPF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.1276. Conversely, the yearly low was recorded on September 28, dropping to 0.0640.

This high-to-low spread represents a total annual volatility of 0.0636 XPF. From a start-to-finish perspective, comparing the January average rate of 0.1201 to the December average rate of 0.0726, the exchange rate registered a net change of -39.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1276 was down 49.55% compared to the 2023 peak of 0.2529, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 127,609 XPF

2023 Average 186,196 XPF

Yearly Trough Low 64,021 XPF

Transaction Impact: A difference of 63,588.47 XPF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1255

0.0603

JanuMarcMayJulySeptNove

NGN to XPF 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 0.0860, compared to 0.0688 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0172 points.

H1 Avg (Jan–Jun) 0.0860

H2 Avg (Jul–Dec) 0.0688

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0542 XPF (High: 0.1228 / Low: 0.0686). On the other end, November was the most stable month, with a tight range of 0.0023 XPF (High: 0.0680 / Low: 0.0657).

February Spread (Volatile) ±0.0542

November Spread (Stable) ±0.0023

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 January and February, when the average rate fell by 0.0358 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0358

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1201) against the same month in 2023 (average: 0.2434), the exchange rate shifted by -0.1233 (-50.67%).

2024 Avg (January) 0.1201

2023 Avg (January) 0.2434

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1276	0.1137	0.1201
February	0.1228	0.0686	0.0843
March	0.0792	0.0677	0.0720
April	0.0935	0.0782	0.0872
May	0.0900	0.0724	0.0782
June	0.0792	0.0731	0.0743
July	0.0785	0.0661	0.0726
August	0.0691	0.0666	0.0678
September	0.0679	0.0640	0.0657
October	0.0674	0.0647	0.0669
November	0.0680	0.0657	0.0671
December	0.0744	0.0673	0.0726