2024 SRD to XOF Historical Review

YEARLY HIGH

21.0965 XOF

YEARLY LOW

16.1732 XOF

YEARLY AVERAGE

18.4017 XOF

2024 SRD to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SRD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 1, valuing the pair at 21.0965. Conversely, the yearly low was recorded on January 11, dropping to 16.1732.

This high-to-low spread represents a total annual volatility of 4.9233 XOF. From a start-to-finish perspective, comparing the January average rate of 16.3879 to the December average rate of 17.7868, the exchange rate registered a net change of 8.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 21.0965 was up 6.92% compared to the 2023 peak of 19.7316, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 105,483 XOF

2023 Average 83,120 XOF

Yearly Trough Low 80,866 XOF

Transaction Impact: A difference of 24,616.39 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

21.0918

15.9603

JanuMarcMayJulySeptNove

SRD 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 17.6754, compared to 19.1281 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4527 points.

H1 Avg (Jan–Jun) 17.6754

H2 Avg (Jul–Dec) 19.1281

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 1.8556 XOF (High: 19.3921 / Low: 17.5365). On the other end, January was the most stable month, with a tight range of 0.3985 XOF (High: 16.5717 / Low: 16.1732).

October Spread (Volatile) ±1.8556

January Spread (Stable) ±0.3985

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 1.3578 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -1.3578

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 20.6642) against the same month in 2023 (average: 15.7102), the exchange rate shifted by +4.9540 (+31.53%).

2024 Avg (August) 20.6642

2023 Avg (August) 15.7102

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.5717	16.1732	16.3879
February	17.1932	16.4231	16.8107
March	17.4062	16.8928	17.1278
April	18.1878	17.3057	17.6779
May	18.8759	18.0898	18.6017
June	20.0103	18.6569	19.4463
July	21.0130	19.8112	20.3600
August	21.0965	20.3532	20.6642
September	20.5540	19.1257	19.8868
October	19.3921	17.5365	18.5290
November	17.7393	17.1873	17.5416
December	18.0212	17.5549	17.7868