2020 AFN to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 AFN to CDF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the AFN to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 7, valuing the pair at 25.8984. Conversely, the yearly low was recorded on December 6, dropping to 19.3190.
This high-to-low spread represents a total annual volatility of 6.5795 CDF. From a start-to-finish perspective, comparing the January average rate of 21.8455 to the December average rate of 25.3632, the exchange rate registered a net change of 16.10% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 25.8984 was up 17.83% compared to the 2019 peak of 21.9797, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AFN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
AFN to CDF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 22.7229, compared to 25.4252 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.7023 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was December, with a trading range of 6.3027 CDF (High: 25.6216 / Low: 19.3190). On the other end, November was the most stable month, with a tight range of 0.0945 CDF (High: 25.5974 / Low: 25.5029).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1815 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2020: 25.4756) against the same month in 2019 (average: 21.1000), the exchange rate shifted by +4.3756 (+20.74%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 22.0984 | 21.6275 | 21.8455 |
| February | 22.3599 | 21.7205 | 21.9764 |
| March | 22.4875 | 22.2310 | 22.3662 |
| April | 22.7690 | 22.2815 | 22.5592 |
| May | 23.8278 | 22.6921 | 23.3574 |
| June | 24.9072 | 23.5941 | 24.2327 |
| July | 25.6323 | 24.7379 | 25.2476 |
| August | 25.8984 | 25.0522 | 25.4756 |
| September | 25.6490 | 25.4687 | 25.5473 |
| October | 25.6287 | 23.5619 | 25.3728 |
| November | 25.5974 | 25.5029 | 25.5446 |
| December | 25.6216 | 19.3190 | 25.3632 |