2024 RON to XOF Historical Review

YEARLY HIGH

132.2826 XOF

YEARLY LOW

130.9696 XOF

YEARLY AVERAGE

131.8346 XOF

2024 RON to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RON to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 29, valuing the pair at 132.2826. Conversely, the yearly low was recorded on November 24, dropping to 130.9696.

This high-to-low spread represents a total annual volatility of 1.3130 XOF. From a start-to-finish perspective, comparing the January average rate of 131.8432 to the December average rate of 131.8575, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 132.2826 was down 1.66% compared to the 2023 peak of 134.5206, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 661,413 XOF

2023 Average 662,631 XOF

Yearly Trough Low 654,848 XOF

Transaction Impact: A difference of 6,564.90 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

131.9386

131.7293

JanuMarcMayJulySeptNove

RON 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 131.8475, compared to 131.8216 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0259 points.

H1 Avg (Jan–Jun) 131.8475

H2 Avg (Jul–Dec) 131.8216

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 1.1041 XOF (High: 132.0737 / Low: 130.9696). On the other end, August was the most stable month, with a tight range of 0.2303 XOF (High: 131.8805 / Low: 131.6502).

November Spread (Volatile) ±1.1041

August Spread (Stable) ±0.2303

Growth Streaks & Declines

Trends

Between January and March, 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 July and August, when the average rate fell by 0.1055 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 131.8467) against the same month in 2023 (average: 133.6214), the exchange rate shifted by -1.7747 (-1.33%).

2024 Avg (February) 131.8467

2023 Avg (February) 133.6214

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	132.1539	131.6292	131.8432
February	132.2826	131.5902	131.8467
March	132.1843	131.3240	131.9212
April	132.0585	131.6823	131.8706
May	131.9563	131.6119	131.8173
June	131.8652	131.4746	131.7864
July	132.1208	131.6779	131.8820
August	131.8805	131.6502	131.7765
September	131.9631	131.4878	131.8401
October	132.1954	131.6368	131.8268
November	132.0737	130.9696	131.7468
December	132.0754	131.6951	131.8575