YEARLY HIGH
2.5369 XOF
YEARLY LOW
2.3391 XOF
YEARLY AVERAGE
2.4226 XOF

2024 YER to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the YER to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 2.5369. Conversely, the yearly low was recorded on August 23, dropping to 2.3391.

This high-to-low spread represents a total annual volatility of 0.1978 XOF. From a start-to-finish perspective, comparing the January average rate of 2.4017 to the December average rate of 2.5049, the exchange rate registered a net change of 4.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.5369 was up 1.39% compared to the 2023 peak of 2.5022, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,684 XOF
2023 Average 12,108 XOF
Yearly Trough Low 11,696 XOF
Transaction Impact: A difference of 988.83 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.5196
2.3439
JanuMarcMayJulySeptNove

YER 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 2.4237, compared to 2.4215 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) 2.4237
H2 Avg (Jul–Dec) 2.4215

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1179 XOF (High: 2.5193 / Low: 2.4014). On the other end, May was the most stable month, with a tight range of 0.0335 XOF (High: 2.4447 / Low: 2.4112).

November Spread (Volatile) ±0.1179
May Spread (Stable) ±0.0335

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 0.0370 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0370

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.5049) against the same month in 2023 (average: 2.4000), the exchange rate shifted by +0.1049 (+4.37%).

2024 Avg (December) 2.5049
2023 Avg (December) 2.4000

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4251 2.3752 2.4017
February 2.4468 2.4100 2.4279
March 2.4281 2.3921 2.4101
April 2.4669 2.4117 2.4437
May 2.4447 2.4112 2.4241
June 2.4528 2.4020 2.4345
July 2.4404 2.3952 2.4140
August 2.4291 2.3391 2.3770
September 2.3797 2.3418 2.3585
October 2.4300 2.3683 2.4046
November 2.5193 2.4014 2.4698
December 2.5369 2.4745 2.5049