YEARLY HIGH
868.2985 XOF
YEARLY LOW
752.2695 XOF
YEARLY AVERAGE
811.5342 XOF

2020 JOD to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JOD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 868.2985. Conversely, the yearly low was recorded on December 30, dropping to 752.2695.

This high-to-low spread represents a total annual volatility of 116.0290 XOF. From a start-to-finish perspective, comparing the January average rate of 833.2621 to the December average rate of 760.1304, the exchange rate registered a net change of -8.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 868.2985 was up 2.32% compared to the 2019 peak of 848.5918, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,341,492 XOF
2019 Average 4,131,377 XOF
Yearly Trough Low 3,761,348 XOF
Transaction Impact: A difference of 580,144.81 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

860.4382
751.0115
JanuMarcMayJulySeptNove

JOD 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 839.4048, compared to 783.6637 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 55.7411 points.

H1 Avg (Jan–Jun) 839.4048
H2 Avg (Jul–Dec) 783.6637

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 56.6969 XOF (High: 868.2985 / Low: 811.6016). On the other end, October was the most stable month, with a tight range of 12.4969 XOF (High: 792.4220 / Low: 779.9251).

March Spread (Volatile) ±56.6969
October Spread (Stable) ±12.4969

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 July and August, when the average rate fell by 25.5031 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -25.5031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 835.6952) against the same month in 2019 (average: 818.7595), the exchange rate shifted by +16.9357 (+2.07%).

2020 Avg (March) 835.6952
2019 Avg (March) 818.7595

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 840.0105 824.6625 833.2621
February 857.6266 834.5178 847.5904
March 868.2985 811.6016 835.6952
April 858.6759 842.3285 851.3193
May 856.7451 832.3152 846.5079
June 831.5947 813.9215 822.0539
July 823.2998 779.2947 807.5650
August 788.3942 774.4412 782.0619
September 795.4519 775.9899 784.9811
October 792.4220 779.9251 786.2277
November 794.7349 773.0168 781.0157
December 766.4659 752.2695 760.1304