YEARLY HIGH
234.5102 XOF
YEARLY LOW
216.6620 XOF
YEARLY AVERAGE
224.3479 XOF

2024 XCD to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XCD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 234.5102. Conversely, the yearly low was recorded on August 23, dropping to 216.6620.

This high-to-low spread represents a total annual volatility of 17.8482 XOF. From a start-to-finish perspective, comparing the January average rate of 222.4713 to the December average rate of 231.7832, the exchange rate registered a net change of 4.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 234.5102 was up 1.15% compared to the 2023 peak of 231.8332, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,172,551 XOF
2023 Average 1,121,477 XOF
Yearly Trough Low 1,083,310 XOF
Transaction Impact: A difference of 89,240.91 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

233.1150
217.1339
JanuMarcMayJulySeptNove

XCD 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 224.4983, compared to 224.1975 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3008 points.

H1 Avg (Jan–Jun) 224.4983
H2 Avg (Jul–Dec) 224.1975

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 10.9953 XOF (High: 232.9793 / Low: 221.9840). On the other end, March was the most stable month, with a tight range of 3.3230 XOF (High: 224.9251 / Low: 221.6021).

November Spread (Volatile) ±10.9953
March Spread (Stable) ±3.3230

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 3.4306 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.4306

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 231.7832) against the same month in 2023 (average: 222.2202), the exchange rate shifted by +9.5630 (+4.30%).

2024 Avg (December) 231.7832
2023 Avg (December) 222.2202

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 224.6459 219.9203 222.4713
February 226.6590 223.2016 224.8534
March 224.9251 221.6021 223.2726
April 228.5245 223.4527 226.3914
May 226.4608 222.9151 224.4623
June 227.2575 222.5289 225.5388
July 226.0637 221.8526 223.6146
August 225.0201 216.6620 220.1840
September 220.4457 216.8847 218.4657
October 225.1456 219.3671 222.7405
November 232.9793 221.9840 228.3971
December 234.5102 229.2718 231.7832