YEARLY HIGH
19.0097 XOF
YEARLY LOW
16.0836 XOF
YEARLY AVERAGE
17.3838 XOF

2022 NIO to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NIO to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 19.0097. Conversely, the yearly low was recorded on March 13, dropping to 16.0836.

This high-to-low spread represents a total annual volatility of 2.9261 XOF. From a start-to-finish perspective, comparing the January average rate of 16.3527 to the December average rate of 16.9819, the exchange rate registered a net change of 3.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 19.0097 was up 14.39% compared to the 2021 peak of 16.6185, 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 95,049 XOF
2021 Average 79,040 XOF
Yearly Trough Low 80,418 XOF
Transaction Impact: A difference of 14,630.73 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

18.7465
16.0855
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 16.8114, compared to 17.9563 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1448 points.

H1 Avg (Jan–Jun) 16.8114
H2 Avg (Jul–Dec) 17.9563

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 1.4502 XOF (High: 18.7121 / Low: 17.2619). On the other end, December was the most stable month, with a tight range of 0.3884 XOF (High: 17.1886 / Low: 16.8003).

November Spread (Volatile) ±1.4502
December Spread (Stable) ±0.3884

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.8492 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.8492

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 18.4224) against the same month in 2021 (average: 15.8589), the exchange rate shifted by +2.5636 (+16.16%).

2022 Avg (September) 18.4224
2021 Avg (September) 15.8589

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.6096 16.1443 16.3527
February 16.6453 16.0857 16.3072
March 16.8330 16.0836 16.6268
April 17.4542 16.5637 16.9449
May 17.6584 16.9912 17.3271
June 17.5805 17.0216 17.3097
July 18.2509 17.5372 17.9538
August 18.3665 17.6373 18.0234
September 19.0097 17.9624 18.4224
October 18.7973 17.9302 18.5248
November 18.7121 17.2619 17.8311
December 17.1886 16.8003 16.9819