YEARLY HIGH
585.5060 XOF
YEARLY LOW
531.6367 XOF
YEARLY AVERAGE
554.7229 XOF

2021 BMD to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BMD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 585.5060. Conversely, the yearly low was recorded on January 6, dropping to 531.6367.

This high-to-low spread represents a total annual volatility of 53.8693 XOF. From a start-to-finish perspective, comparing the January average rate of 539.1507 to the December average rate of 580.2138, the exchange rate registered a net change of 7.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 585.5060 was down 4.89% compared to the 2020 peak of 615.6236, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,927,530 XOF
2020 Average 2,876,238 XOF
Yearly Trough Low 2,658,184 XOF
Transaction Impact: A difference of 269,346.40 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

584.3202
535.0444
JanuMarcMayJulySeptNove

BMD 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 544.3959, compared to 565.0499 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 20.6541 points.

H1 Avg (Jan–Jun) 544.3959
H2 Avg (Jul–Dec) 565.0499

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 20.7537 XOF (High: 585.5060 / Low: 564.7523). On the other end, July was the most stable month, with a tight range of 5.6327 XOF (High: 557.2511 / Low: 551.6184).

November Spread (Volatile) ±20.7537
July Spread (Stable) ±5.6327

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 8.3617 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -8.3617

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 575.2342) against the same month in 2020 (average: 553.7273), the exchange rate shifted by +21.5070 (+3.88%).

2021 Avg (November) 575.2342
2020 Avg (November) 553.7273

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 543.6186 531.6367 539.1507
February 548.1177 538.9958 542.3825
March 559.5399 542.7839 551.2943
April 557.8198 540.5742 548.4159
May 546.2794 535.5407 540.0543
June 553.1534 536.8995 545.0775
July 557.2511 551.6184 554.6158
August 561.7513 552.4254 557.3388
September 566.7260 551.8936 557.2665
October 568.8623 561.4930 565.6304
November 585.5060 564.7523 575.2342
December 583.5916 576.7187 580.2138