2024 XPF to NGN Historical Review

YEARLY HIGH

15.6199 NGN

YEARLY LOW

7.8364 NGN

YEARLY AVERAGE

13.3299 NGN

2024 XPF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XPF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 15.6199. Conversely, the yearly low was recorded on January 17, dropping to 7.8364.

This high-to-low spread represents a total annual volatility of 7.7835 NGN. From a start-to-finish perspective, comparing the January average rate of 8.3366 to the December average rate of 13.7907, the exchange rate registered a net change of 65.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 15.6199 was up 87.64% compared to the 2023 peak of 8.3243, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 78,100 NGN

2023 Average 28,818 NGN

Yearly Trough Low 39,182 NGN

Transaction Impact: A difference of 38,917.54 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

15.9014

7.6489

JanuMarcMayJulySeptNove

XPF to NGN 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 12.0837, compared to 14.5761 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4924 points.

H1 Avg (Jan–Jun) 12.0837

H2 Avg (Jul–Dec) 14.5761

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 6.4417 NGN (High: 14.5877 / Low: 8.1460). On the other end, November was the most stable month, with a tight range of 0.5147 NGN (High: 15.2259 / Low: 14.7111).

February Spread (Volatile) ±6.4417

November Spread (Stable) ±0.5147

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 2.4358 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -2.4358

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 15.2137) against the same month in 2023 (average: 6.9266), the exchange rate shifted by +8.2871 (+119.64%).

2024 Avg (September) 15.2137

2023 Avg (September) 6.9266

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	8.7974	7.8364	8.3366
February	14.5877	8.1460	12.4448
March	14.7683	12.6190	13.9250
April	12.7850	10.6909	11.4893
May	13.8053	11.1053	12.8516
June	13.6741	12.6308	13.4550
July	15.1192	12.7422	13.8309
August	15.0145	14.4817	14.7491
September	15.6199	14.7194	15.2137
October	15.4660	14.8324	14.9603
November	15.2259	14.7111	14.9120
December	14.8570	13.4365	13.7907