YEARLY HIGH
0.8360 XOF
YEARLY LOW
0.6927 XOF
YEARLY AVERAGE
0.7737 XOF

2020 MWK to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MWK to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.8360. Conversely, the yearly low was recorded on December 30, dropping to 0.6927.

This high-to-low spread represents a total annual volatility of 0.1433 XOF. From a start-to-finish perspective, comparing the January average rate of 0.8024 to the December average rate of 0.7025, the exchange rate registered a net change of -12.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.8360 was up 0.74% compared to the 2019 peak of 0.8299, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,180 XOF
2019 Average 3,990 XOF
Yearly Trough Low 3,463 XOF
Transaction Impact: A difference of 716.67 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.8319
0.6908
JanuMarcMayJulySeptNove

MWK 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 0.8085, compared to 0.7389 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0696 points.

H1 Avg (Jan–Jun) 0.8085
H2 Avg (Jul–Dec) 0.7389

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0546 XOF (High: 0.8360 / Low: 0.7814). On the other end, October was the most stable month, with a tight range of 0.0140 XOF (High: 0.7464 / Low: 0.7324).

March Spread (Volatile) ±0.0546
October Spread (Stable) ±0.0140

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0333 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0333

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.8049) against the same month in 2019 (average: 0.7996), the exchange rate shifted by +0.0053 (+0.66%).

2020 Avg (March) 0.8049
2019 Avg (March) 0.7996

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8105 0.7899 0.8024
February 0.8297 0.8032 0.8182
March 0.8360 0.7814 0.8049
April 0.8278 0.8107 0.8202
May 0.8260 0.7997 0.8153
June 0.7985 0.7820 0.7904
July 0.7936 0.7463 0.7769
August 0.7563 0.7346 0.7437
September 0.7510 0.7353 0.7424
October 0.7464 0.7324 0.7395
November 0.7475 0.7167 0.7286
December 0.7114 0.6927 0.7025