2024 SCR to XOF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SCR to XOF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SCR to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 46.9483. Conversely, the yearly low was recorded on October 14, dropping to 39.9598.
This high-to-low spread represents a total annual volatility of 6.9885 XOF. From a start-to-finish perspective, comparing the January average rate of 44.9345 to the December average rate of 44.4088, the exchange rate registered a net change of -1.17% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 46.9483 was down 3.65% compared to the 2023 peak of 48.7261, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SCR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SCR 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 44.6785, compared to 44.0534 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6252 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was October, with a trading range of 6.2352 XOF (High: 46.1950 / Low: 39.9598). On the other end, May was the most stable month, with a tight range of 1.8463 XOF (High: 45.4835 / Low: 43.6372).
Growth Streaks & Declines
TrendsBetween August and November, 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 February and March, when the average rate fell by 0.7574 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 44.4088) against the same month in 2023 (average: 44.7205), the exchange rate shifted by -0.3117 (-0.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 46.2509 | 43.1639 | 44.9345 |
| February | 46.4597 | 44.0159 | 45.1566 |
| March | 45.3001 | 42.1577 | 44.3992 |
| April | 45.9475 | 42.8411 | 45.0227 |
| May | 45.4835 | 43.6372 | 44.4218 |
| June | 45.1343 | 41.8033 | 44.1363 |
| July | 45.1795 | 42.6506 | 43.8096 |
| August | 45.7722 | 40.0309 | 43.3559 |
| September | 45.7307 | 42.2222 | 43.9104 |
| October | 46.1950 | 39.9598 | 43.9317 |
| November | 46.5650 | 42.7218 | 44.9037 |
| December | 46.9483 | 41.3350 | 44.4088 |