YEARLY HIGH
216.8741 XOF
YEARLY LOW
162.1104 XOF
YEARLY AVERAGE
185.5295 XOF

2020 GEL to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GEL to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 216.8741. Conversely, the yearly low was recorded on December 17, dropping to 162.1104.

This high-to-low spread represents a total annual volatility of 54.7638 XOF. From a start-to-finish perspective, comparing the January average rate of 205.2888 to the December average rate of 163.5859, the exchange rate registered a net change of -20.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 216.8741 was down 1.74% compared to the 2019 peak of 220.7243, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,084,371 XOF
2019 Average 1,041,422 XOF
Yearly Trough Low 810,552 XOF
Transaction Impact: A difference of 273,818.85 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

216.1616
158.8063
JanuMarcMayJulySeptNove

GEL 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 197.0120, compared to 174.0471 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 22.9649 points.

H1 Avg (Jan–Jun) 197.0120
H2 Avg (Jul–Dec) 174.0471

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 39.6479 XOF (High: 212.7539 / Low: 173.1060). On the other end, January was the most stable month, with a tight range of 2.7213 XOF (High: 206.5959 / Low: 203.8746).

March Spread (Volatile) ±39.6479
January Spread (Stable) ±2.7213

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 13.8594 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -13.8594

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 211.3820) against the same month in 2019 (average: 217.8778), the exchange rate shifted by -6.4958 (-2.98%).

2020 Avg (February) 211.3820
2019 Avg (February) 217.8778

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 206.5959 203.8746 205.2888
February 216.8741 204.5868 211.3820
March 212.7539 173.1060 197.5226
April 192.2915 182.3310 189.6689
May 189.3396 184.4759 187.3824
June 196.9254 183.0202 190.8271
July 190.9435 178.5202 186.3465
August 181.1901 177.6954 179.3822
September 180.4888 166.7374 175.2102
October 174.4022 170.5478 172.8507
November 173.9044 162.3152 166.9071
December 165.1552 162.1104 163.5859