YEARLY HIGH
0.0161 XOF
YEARLY LOW
0.0135 XOF
YEARLY AVERAGE
0.0148 XOF

2022 IRR to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the IRR to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.0161. Conversely, the yearly low was recorded on February 6, dropping to 0.0135.

This high-to-low spread represents a total annual volatility of 0.0026 XOF. From a start-to-finish perspective, comparing the January average rate of 0.0137 to the December average rate of 0.0148, the exchange rate registered a net change of 8.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0161 was up 16.48% compared to the 2021 peak of 0.0139, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 81 XOF
2021 Average 66 XOF
Yearly Trough Low 68 XOF
Transaction Impact: A difference of 13.04 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0160
0.0135
JanuMarcMayJulySeptNove

IRR 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 0.0142, compared to 0.0153 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0142
H2 Avg (Jul–Dec) 0.0153

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0011 XOF (High: 0.0159 / Low: 0.0148). On the other end, February was the most stable month, with a tight range of 0.0004 XOF (High: 0.0139 / Low: 0.0135).

November Spread (Volatile) ±0.0011
February Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0006 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0156) against the same month in 2021 (average: 0.0132), the exchange rate shifted by +0.0024 (+18.39%).

2022 Avg (September) 0.0156
2021 Avg (September) 0.0132

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0139 0.0136 0.0137
February 0.0139 0.0135 0.0137
March 0.0143 0.0139 0.0141
April 0.0148 0.0140 0.0143
May 0.0149 0.0144 0.0147
June 0.0149 0.0144 0.0147
July 0.0154 0.0148 0.0152
August 0.0156 0.0150 0.0153
September 0.0161 0.0153 0.0156
October 0.0160 0.0153 0.0157
November 0.0159 0.0148 0.0151
December 0.0151 0.0146 0.0148