2019 GMD to XOF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 GMD to XOF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the GMD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 11.9730. Conversely, the yearly low was recorded on December 31, dropping to 11.4075.
This high-to-low spread represents a total annual volatility of 0.5655 XOF. From a start-to-finish perspective, comparing the January average rate of 11.6047 to the December average rate of 11.5003, the exchange rate registered a net change of -0.90% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 11.9730 was down 0.69% compared to the 2018 peak of 12.0561, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
GMD 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 11.7109, compared to 11.6793 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0316 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was October, with a trading range of 0.3937 XOF (High: 11.8781 / Low: 11.4844). On the other end, May was the most stable month, with a tight range of 0.0884 XOF (High: 11.8586 / Low: 11.7702).
Growth Streaks & Declines
TrendsBetween January and May, 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 September and October, when the average rate fell by 0.1268 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2019: 11.8167) against the same month in 2018 (average: 11.6005), the exchange rate shifted by +0.2162 (+1.86%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.7378 | 11.4609 | 11.6047 |
| February | 11.7506 | 11.5659 | 11.6645 |
| March | 11.8259 | 11.5655 | 11.6997 |
| April | 11.8765 | 11.7125 | 11.7771 |
| May | 11.8586 | 11.7702 | 11.8105 |
| June | 11.8531 | 11.5847 | 11.7090 |
| July | 11.8599 | 11.6692 | 11.7313 |
| August | 11.8461 | 11.6032 | 11.7432 |
| September | 11.9730 | 11.6766 | 11.8167 |
| October | 11.8781 | 11.4844 | 11.6898 |
| November | 11.7042 | 11.4715 | 11.5944 |
| December | 11.6320 | 11.4075 | 11.5003 |