2024 SAR to XOF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 SAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |