YEARLY HIGH
0.0644 XOF
YEARLY LOW
0.0582 XOF
YEARLY AVERAGE
0.0614 XOF

2018 GNF to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GNF to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.0644. Conversely, the yearly low was recorded on February 1, dropping to 0.0582.

This high-to-low spread represents a total annual volatility of 0.0062 XOF. From a start-to-finish perspective, comparing the January average rate of 0.0597 to the December average rate of 0.0630, the exchange rate registered a net change of 5.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0644 was down 5.48% compared to the 2017 peak of 0.0681, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 322 XOF
2017 Average 319 XOF
Yearly Trough Low 291 XOF
Transaction Impact: A difference of 30.83 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0638
0.0585
JanuMarcMayJulySeptNove

GNF 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 0.0601, compared to 0.0627 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0601
H2 Avg (Jul–Dec) 0.0627

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0025 XOF (High: 0.0610 / Low: 0.0586). On the other end, July was the most stable month, with a tight range of 0.0009 XOF (High: 0.0624 / Low: 0.0615).

January Spread (Volatile) ±0.0025
July Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between February and June, 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 August and September, when the average rate fell by 0.0007 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.0633) against the same month in 2017 (average: 0.0619), the exchange rate shifted by +0.0014 (+2.26%).

2018 Avg (November) 0.0633
2017 Avg (November) 0.0619

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0610 0.0586 0.0597
February 0.0598 0.0582 0.0590
March 0.0594 0.0584 0.0590
April 0.0602 0.0587 0.0592
May 0.0631 0.0607 0.0615
June 0.0628 0.0615 0.0622
July 0.0624 0.0615 0.0620
August 0.0641 0.0619 0.0628
September 0.0627 0.0613 0.0621
October 0.0639 0.0622 0.0629
November 0.0644 0.0625 0.0633
December 0.0635 0.0622 0.0630