YEARLY HIGH
683.5869 XOF
YEARLY LOW
572.5668 XOF
YEARLY AVERAGE
623.5781 XOF

2022 BMD to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BMD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 683.5869. Conversely, the yearly low was recorded on January 13, dropping to 572.5668.

This high-to-low spread represents a total annual volatility of 111.0201 XOF. From a start-to-finish perspective, comparing the January average rate of 579.4193 to the December average rate of 619.1029, the exchange rate registered a net change of 6.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 683.5869 was up 16.75% compared to the 2021 peak of 585.5060, 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 3,417,934 XOF
2021 Average 2,774,024 XOF
Yearly Trough Low 2,862,834 XOF
Transaction Impact: A difference of 555,100.31 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

675.8249
569.5495
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 600.2790, compared to 646.8771 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 46.5980 points.

H1 Avg (Jan–Jun) 600.2790
H2 Avg (Jul–Dec) 646.8771

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 43.5155 XOF (High: 672.8192 / Low: 629.3036). On the other end, February was the most stable month, with a tight range of 14.0476 XOF (High: 586.7064 / Low: 572.6588).

November Spread (Volatile) ±43.5155
February Spread (Stable) ±14.0476

Growth Streaks & Declines

Trends

Between February and October, 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 October and November, when the average rate fell by 25.3517 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -25.3517

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 661.8062) against the same month in 2021 (average: 557.2665), the exchange rate shifted by +104.5397 (+18.76%).

2022 Avg (September) 661.8062
2021 Avg (September) 557.2665

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 588.5322 572.5668 579.4193
February 586.7064 572.6588 578.4058
March 603.6590 587.6984 596.0272
April 624.5039 593.7067 606.6803
May 632.0105 608.8955 620.3213
June 629.8094 610.1056 620.8205
July 654.2214 628.6364 643.3926
August 660.1462 635.7376 648.3752
September 683.5869 646.1676 661.8062
October 676.1957 649.9683 666.9686
November 672.8192 629.3036 641.6170
December 626.6685 611.5294 619.1029