YEARLY HIGH
0.2292 DZD
YEARLY LOW
0.2111 DZD
YEARLY AVERAGE
0.2213 DZD

2024 XOF to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XOF to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 0.2292. Conversely, the yearly low was recorded on December 18, dropping to 0.2111.

This high-to-low spread represents a total annual volatility of 0.0181 DZD. From a start-to-finish perspective, comparing the January average rate of 0.2238 to the December average rate of 0.2144, the exchange rate registered a net change of -4.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2292 was down 0.83% compared to the 2023 peak of 0.2311, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,146 DZD
2023 Average 1,121 DZD
Yearly Trough Low 1,056 DZD
Transaction Impact: A difference of 90.38 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2267
0.2133
JanuMarcMayJulySeptNove

XOF to DZD 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 0.2218, compared to 0.2208 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.2218
H2 Avg (Jul–Dec) 0.2208

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0087 DZD (High: 0.2218 / Low: 0.2131). On the other end, September was the most stable month, with a tight range of 0.0030 DZD (High: 0.2257 / Low: 0.2227).

November Spread (Volatile) ±0.0087
September Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0051 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.2255) against the same month in 2023 (average: 0.2264), the exchange rate shifted by -0.0008 (-0.36%).

2024 Avg (August) 0.2255
2023 Avg (August) 0.2264

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2262 0.2219 0.2238
February 0.2236 0.2201 0.2215
March 0.2248 0.2214 0.2230
April 0.2228 0.2182 0.2200
May 0.2233 0.2198 0.2217
June 0.2241 0.2190 0.2208
July 0.2242 0.2202 0.2224
August 0.2292 0.2216 0.2255
September 0.2257 0.2227 0.2244
October 0.2240 0.2194 0.2214
November 0.2218 0.2131 0.2163
December 0.2155 0.2111 0.2144