YEARLY HIGH
0.5162 XOF
YEARLY LOW
0.3650 XOF
YEARLY AVERAGE
0.4811 XOF

2020 IQD to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the IQD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.5162. Conversely, the yearly low was recorded on December 30, dropping to 0.3650.

This high-to-low spread represents a total annual volatility of 0.1512 XOF. From a start-to-finish perspective, comparing the January average rate of 0.4956 to the December average rate of 0.4307, the exchange rate registered a net change of -13.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5162 was up 2.30% compared to the 2019 peak of 0.5047, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,581 XOF
2019 Average 2,459 XOF
Yearly Trough Low 1,825 XOF
Transaction Impact: A difference of 756.16 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5144
0.4231
JanuMarcMayJulySeptNove

IQD 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 0.4996, compared to 0.4625 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0371 points.

H1 Avg (Jan–Jun) 0.4996
H2 Avg (Jul–Dec) 0.4625

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0907 XOF (High: 0.4557 / Low: 0.3650). On the other end, October was the most stable month, with a tight range of 0.0079 XOF (High: 0.4721 / Low: 0.4642).

December Spread (Volatile) ±0.0907
October Spread (Stable) ±0.0079

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 November and December, when the average rate fell by 0.0340 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0340

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.4974) against the same month in 2019 (average: 0.4875), the exchange rate shifted by +0.0100 (+2.04%).

2020 Avg (March) 0.4974
2019 Avg (March) 0.4875

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5001 0.4873 0.4956
February 0.5099 0.4967 0.5043
March 0.5162 0.4829 0.4974
April 0.5107 0.5019 0.5068
May 0.5106 0.4951 0.5042
June 0.4946 0.4849 0.4894
July 0.4902 0.4635 0.4804
August 0.4688 0.4607 0.4647
September 0.4739 0.4611 0.4669
October 0.4721 0.4642 0.4677
November 0.4735 0.4596 0.4647
December 0.4557 0.3650 0.4307