YEARLY HIGH
41.9365 XOF
YEARLY LOW
34.9607 XOF
YEARLY AVERAGE
38.3214 XOF

2022 NAD to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NAD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 27, valuing the pair at 41.9365. Conversely, the yearly low was recorded on December 19, dropping to 34.9607.

This high-to-low spread represents a total annual volatility of 6.9758 XOF. From a start-to-finish perspective, comparing the January average rate of 37.3834 to the December average rate of 35.9082, the exchange rate registered a net change of -3.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 41.9365 was up 4.14% compared to the 2021 peak of 40.2710, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 209,682 XOF
2021 Average 187,723 XOF
Yearly Trough Low 174,803 XOF
Transaction Impact: A difference of 34,879.21 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

40.9706
35.4480
JanuMarcMayJulySeptNove

NAD 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 38.9808, compared to 37.6619 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3189 points.

H1 Avg (Jan–Jun) 38.9808
H2 Avg (Jul–Dec) 37.6619

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 3.8554 XOF (High: 41.0513 / Low: 37.1959). On the other end, May was the most stable month, with a tight range of 1.1619 XOF (High: 39.4937 / Low: 38.3319).

March Spread (Volatile) ±3.8554
May Spread (Stable) ±1.1619

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 1.5528 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.5528

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2022: 40.5104) against the same month in 2021 (average: 37.8882), the exchange rate shifted by +2.6222 (+6.92%).

2022 Avg (April) 40.5104
2021 Avg (April) 37.8882

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 38.4428 36.1579 37.3834
February 38.7423 36.8923 37.9713
March 41.0513 37.1959 39.7056
April 41.9365 38.7993 40.5104
May 39.4937 38.3319 38.9576
June 40.4658 38.6555 39.3564
July 41.0792 37.7419 40.0203
August 39.5134 38.3270 38.8157
September 38.8640 37.0137 37.7367
October 37.5954 35.6733 36.8459
November 37.3734 36.1110 36.6447
December 36.7387 34.9607 35.9082