YEARLY HIGH
0.3321 XOF
YEARLY LOW
0.2842 XOF
YEARLY AVERAGE
0.3053 XOF

2022 BIF to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BIF to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.3321. Conversely, the yearly low was recorded on February 5, dropping to 0.2842.

This high-to-low spread represents a total annual volatility of 0.0479 XOF. From a start-to-finish perspective, comparing the January average rate of 0.2894 to the December average rate of 0.2995, the exchange rate registered a net change of 3.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.3321 was up 13.00% compared to the 2021 peak of 0.2939, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,660 XOF
2021 Average 1,405 XOF
Yearly Trough Low 1,421 XOF
Transaction Impact: A difference of 239.46 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.3276
0.2845
JanuMarcMayJulySeptNove

BIF 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 0.2964, compared to 0.3142 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0179 points.

H1 Avg (Jan–Jun) 0.2964
H2 Avg (Jul–Dec) 0.3142

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0215 XOF (High: 0.3259 / Low: 0.3044). On the other end, December was the most stable month, with a tight range of 0.0069 XOF (High: 0.3035 / Low: 0.2966).

November Spread (Volatile) ±0.0215
December Spread (Stable) ±0.0069

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0125 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0125

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.3220) against the same month in 2021 (average: 0.2802), the exchange rate shifted by +0.0418 (+14.92%).

2022 Avg (September) 0.3220
2021 Avg (September) 0.2802

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2952 0.2861 0.2894
February 0.2948 0.2842 0.2881
March 0.3001 0.2889 0.2944
April 0.3084 0.2889 0.2984
May 0.3106 0.2963 0.3050
June 0.3076 0.2970 0.3028
July 0.3179 0.3055 0.3129
August 0.3216 0.3097 0.3154
September 0.3321 0.3148 0.3220
October 0.3288 0.3170 0.3240
November 0.3259 0.3044 0.3115
December 0.3035 0.2966 0.2995