YEARLY HIGH
16.6185 XOF
YEARLY LOW
15.2192 XOF
YEARLY AVERAGE
15.8062 XOF

2021 NIO to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NIO to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 16.6185. Conversely, the yearly low was recorded on May 29, dropping to 15.2192.

This high-to-low spread represents a total annual volatility of 1.3993 XOF. From a start-to-finish perspective, comparing the January average rate of 15.4261 to the December average rate of 16.4221, the exchange rate registered a net change of 6.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 16.6185 was down 8.54% compared to the 2020 peak of 18.1696, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 83,093 XOF
2020 Average 83,656 XOF
Yearly Trough Low 76,096 XOF
Transaction Impact: A difference of 6,996.61 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

16.5253
15.2868
JanuMarcMayJulySeptNove

NIO 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 15.5487, compared to 16.0637 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5150 points.

H1 Avg (Jan–Jun) 15.5487
H2 Avg (Jul–Dec) 16.0637

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.5864 XOF (High: 16.6185 / Low: 16.0321). On the other end, October was the most stable month, with a tight range of 0.2227 XOF (High: 16.1669 / Low: 15.9441).

November Spread (Volatile) ±0.5864
October Spread (Stable) ±0.2227

Growth Streaks & Declines

Trends

Between May and August, 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 0.2874 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2874

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 16.3291) against the same month in 2020 (average: 15.8757), the exchange rate shifted by +0.4534 (+2.86%).

2021 Avg (November) 16.3291
2020 Avg (November) 15.8757

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.5817 15.2440 15.4261
February 15.6932 15.4196 15.5219
March 15.9964 15.5179 15.7469
April 15.9635 15.4259 15.6774
May 15.5979 15.2192 15.3900
June 15.8322 15.2551 15.5300
July 15.9551 15.7003 15.8317
August 16.0030 15.7324 15.8686
September 16.1142 15.7211 15.8589
October 16.1669 15.9441 16.0720
November 16.6185 16.0321 16.3291
December 16.5277 16.2914 16.4221