YEARLY HIGH
168.7228 XOF
YEARLY LOW
156.0578 XOF
YEARLY AVERAGE
161.5880 XOF

2024 SAR to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 168.7228. Conversely, the yearly low was recorded on August 23, dropping to 156.0578.

This high-to-low spread represents a total annual volatility of 12.6651 XOF. From a start-to-finish perspective, comparing the January average rate of 160.3223 to the December average rate of 166.7477, the exchange rate registered a net change of 4.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 168.7228 was up 1.00% compared to the 2023 peak of 167.0513, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 843,614 XOF
2023 Average 807,884 XOF
Yearly Trough Low 780,289 XOF
Transaction Impact: A difference of 63,325.30 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

167.6879
156.4061
JanuMarcMayJulySeptNove

SAR 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 161.7700, compared to 161.4061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3639 points.

H1 Avg (Jan–Jun) 161.7700
H2 Avg (Jul–Dec) 161.4061

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 8.0083 XOF (High: 167.7054 / Low: 159.6971). On the other end, March was the most stable month, with a tight range of 2.3901 XOF (High: 162.0739 / Low: 159.6838).

November Spread (Volatile) ±8.0083
March Spread (Stable) ±2.3901

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 July and August, when the average rate fell by 2.5255 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.5255

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 166.7477) against the same month in 2023 (average: 160.1066), the exchange rate shifted by +6.6411 (+4.15%).

2024 Avg (December) 166.7477
2023 Avg (December) 160.1066

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 161.8926 158.4922 160.3223
February 163.3331 160.8530 162.0387
March 162.0739 159.6838 160.8921
April 164.6429 161.0040 163.1226
May 163.1749 160.6333 161.7438
June 163.7659 160.3464 162.5003
July 162.8427 159.8513 161.1076
August 162.0559 156.0578 158.5821
September 158.7552 156.2351 157.3462
October 162.0293 158.0131 160.2990
November 167.7054 159.6971 164.3539
December 168.7228 164.9475 166.7477