2022 CAD to XOF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 CAD to XOF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the CAD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 508.4311. Conversely, the yearly low was recorded on February 5, dropping to 449.1355.
This high-to-low spread represents a total annual volatility of 59.2956 XOF. From a start-to-finish perspective, comparing the January average rate of 458.8262 to the December average rate of 455.0459, the exchange rate registered a net change of -0.82% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 508.4311 was up 9.95% compared to the 2021 peak of 462.4028, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
CAD to XOF 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 471.9979, compared to 485.9907 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.9927 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was November, with a trading range of 21.9106 XOF (High: 489.5715 / Low: 467.6609). On the other end, January was the most stable month, with a tight range of 9.3716 XOF (High: 463.8288 / Low: 454.4572).
Growth Streaks & Declines
TrendsBetween February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 22.8094 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2022: 501.5331) against the same month in 2021 (average: 442.2705), the exchange rate shifted by +59.2626 (+13.40%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 463.8288 | 454.4572 | 458.8262 |
| February | 461.7535 | 449.1355 | 454.4994 |
| March | 478.7111 | 462.8186 | 471.2106 |
| April | 487.7279 | 474.0335 | 480.1564 |
| May | 488.9971 | 476.5908 | 482.9329 |
| June | 489.1074 | 478.9432 | 484.3622 |
| July | 502.9303 | 487.7037 | 497.7166 |
| August | 508.4311 | 497.1893 | 501.5331 |
| September | 503.7767 | 483.8617 | 497.1300 |
| October | 490.6119 | 479.6963 | 486.6630 |
| November | 489.5715 | 467.6609 | 477.8554 |
| December | 463.7439 | 450.5910 | 455.0459 |