YEARLY HIGH
0.2669 JPY
YEARLY LOW
0.2372 JPY
YEARLY AVERAGE
0.2498 JPY

2024 XOF to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XOF to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 10, valuing the pair at 0.2669. Conversely, the yearly low was recorded on January 2, dropping to 0.2372.

This high-to-low spread represents a total annual volatility of 0.0297 JPY. From a start-to-finish perspective, comparing the January average rate of 0.2431 to the December average rate of 0.2459, the exchange rate registered a net change of 1.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2669 was up 6.66% compared to the 2023 peak of 0.2502, 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 1,334 JPY
2023 Average 1,159 JPY
Yearly Trough Low 1,186 JPY
Transaction Impact: A difference of 148.64 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2625
0.2405
JanuMarcMayJulySeptNove

XOF to JPY 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 0.2509, compared to 0.2487 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.2509
H2 Avg (Jul–Dec) 0.2487

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0197 JPY (High: 0.2669 / Low: 0.2472). On the other end, June was the most stable month, with a tight range of 0.0063 JPY (High: 0.2634 / Low: 0.2571).

July Spread (Volatile) ±0.0197
June Spread (Stable) ±0.0063

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0150 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0150

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.2607) against the same month in 2023 (average: 0.2380), the exchange rate shifted by +0.0228 (+9.56%).

2024 Avg (July) 0.2607
2023 Avg (July) 0.2380

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2463 0.2372 0.2431
February 0.2491 0.2424 0.2462
March 0.2513 0.2445 0.2482
April 0.2582 0.2481 0.2518
May 0.2603 0.2505 0.2567
June 0.2634 0.2571 0.2594
July 0.2669 0.2472 0.2607
August 0.2496 0.2411 0.2457
September 0.2476 0.2379 0.2423
October 0.2537 0.2425 0.2490
November 0.2537 0.2415 0.2486
December 0.2510 0.2394 0.2459