YEARLY HIGH
12.0948 XOF
YEARLY LOW
10.3015 XOF
YEARLY AVERAGE
11.1806 XOF

2020 GMD to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GMD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 12.0948. Conversely, the yearly low was recorded on December 30, dropping to 10.3015.

This high-to-low spread represents a total annual volatility of 1.7933 XOF. From a start-to-finish perspective, comparing the January average rate of 11.5431 to the December average rate of 10.4114, the exchange rate registered a net change of -9.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 12.0948 was up 1.02% compared to the 2019 peak of 11.9730, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 60,474 XOF
2019 Average 58,475 XOF
Yearly Trough Low 51,507 XOF
Transaction Impact: A difference of 8,966.44 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

11.9785
10.2690
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 11.6291, compared to 10.7322 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8968 points.

H1 Avg (Jan–Jun) 11.6291
H2 Avg (Jul–Dec) 10.7322

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.7986 XOF (High: 12.0948 / Low: 11.2961). On the other end, October was the most stable month, with a tight range of 0.1712 XOF (High: 10.8566 / Low: 10.6854).

March Spread (Volatile) ±0.7986
October Spread (Stable) ±0.1712

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.3907 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3907

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 11.6354) against the same month in 2019 (average: 11.6997), the exchange rate shifted by -0.0644 (-0.55%).

2020 Avg (March) 11.6354
2019 Avg (March) 11.6997

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.6527 11.4085 11.5431
February 11.9532 11.5706 11.7756
March 12.0948 11.2961 11.6354
April 11.9373 11.7054 11.8360
May 11.8825 11.4563 11.6875
June 11.4486 11.1868 11.2968
July 11.3190 10.6643 11.0633
August 10.7910 10.6000 10.7011
September 10.8981 10.6212 10.7511
October 10.8566 10.6854 10.7703
November 10.8879 10.5877 10.6961
December 10.5010 10.3015 10.4114