2024 NZD to XOF Historical Review

YEARLY HIGH

376.2838 XOF

YEARLY LOW

354.0391 XOF

YEARLY AVERAGE

366.7157 XOF

2024 NZD to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NZD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 376.2838. Conversely, the yearly low was recorded on December 26, dropping to 354.0391.

This high-to-low spread represents a total annual volatility of 22.2447 XOF. From a start-to-finish perspective, comparing the January average rate of 371.2153 to the December average rate of 359.4200, the exchange rate registered a net change of -3.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 376.2838 was down 3.95% compared to the 2023 peak of 391.7651, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,881,419 XOF

2023 Average 1,861,229 XOF

Yearly Trough Low 1,770,196 XOF

Transaction Impact: A difference of 111,223.38 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

375.3176

357.9748

JanuMarcMayJulySeptNove

NZD 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 369.4194, compared to 364.0120 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.4074 points.

H1 Avg (Jan–Jun) 369.4194

H2 Avg (Jul–Dec) 364.0120

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 16.8647 XOF (High: 372.0977 / Low: 355.2330). On the other end, June was the most stable month, with a tight range of 5.5268 XOF (High: 376.2838 / Low: 370.7570).

July Spread (Volatile) ±16.8647

June Spread (Stable) ±5.5268

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 9.2791 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -9.2791

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 373.8723) against the same month in 2023 (average: 371.1521), the exchange rate shifted by +2.7202 (+0.73%).

2024 Avg (June) 373.8723

2023 Avg (June) 371.1521

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	375.3391	366.2177	371.2153
February	375.3783	368.2962	372.3906
March	370.4279	362.2204	366.5749
April	367.0072	361.4626	364.2376
May	371.6133	363.1179	368.2256
June	376.2838	370.7570	373.8723
July	372.0977	355.2330	364.5932
August	370.7599	356.4058	362.1066
September	373.7142	363.9636	367.6057
October	372.3693	359.8476	365.7325
November	367.3868	359.6619	364.6140
December	367.5466	354.0391	359.4200