YEARLY HIGH
32.6860 XOF
YEARLY LOW
24.0169 XOF
YEARLY AVERAGE
26.9482 XOF

2020 MXN to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MXN to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 32.6860. Conversely, the yearly low was recorded on April 5, dropping to 24.0169.

This high-to-low spread represents a total annual volatility of 8.6692 XOF. From a start-to-finish perspective, comparing the January average rate of 31.4190 to the December average rate of 27.0122, the exchange rate registered a net change of -14.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 32.6860 was up 4.55% compared to the 2019 peak of 31.2625, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 1,634,302 XOF
2019 Average 1,522,038 XOF
Yearly Trough Low 1,200,843 XOF
Transaction Impact: A difference of 433,458.92 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

32.5883
24.2400
JanuMarcMayJulySeptNove

MXN 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 27.7734, compared to 26.1229 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6505 points.

H1 Avg (Jan–Jun) 27.7734
H2 Avg (Jul–Dec) 26.1229

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 6.2611 XOF (High: 30.3217 / Low: 24.0607). On the other end, December was the most stable month, with a tight range of 0.6854 XOF (High: 27.3728 / Low: 26.6874).

March Spread (Volatile) ±6.2611
December Spread (Stable) ±0.6854

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 5.2150 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -5.2150

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 31.8926) against the same month in 2019 (average: 30.1331), the exchange rate shifted by +1.7595 (+5.84%).

2020 Avg (February) 31.8926
2019 Avg (February) 30.1331

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 31.8534 30.9129 31.4190
February 32.6860 30.3279 31.8926
March 30.3217 24.0607 26.6776
April 25.7070 24.0169 24.9357
May 26.8840 24.0318 25.6148
June 27.0059 25.2943 26.1010
July 26.0578 24.9919 25.5604
August 25.3287 24.5217 25.0305
September 26.4977 24.9484 25.7386
October 26.5283 25.5675 26.2412
November 27.5538 26.3612 27.1547
December 27.3728 26.6874 27.0122