2020 NOK to XOF Historical Review

YEARLY HIGH

66.7666 XOF

YEARLY LOW

51.6616 XOF

YEARLY AVERAGE

61.2051 XOF

2020 NOK to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 66.7666. Conversely, the yearly low was recorded on March 21, dropping to 51.6616.

This high-to-low spread represents a total annual volatility of 15.1050 XOF. From a start-to-finish perspective, comparing the January average rate of 66.0613 to the December average rate of 61.9191, the exchange rate registered a net change of -6.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 66.7666 was down 2.65% compared to the 2019 peak of 68.5849, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 333,833 XOF

2019 Average 333,030 XOF

Yearly Trough Low 258,308 XOF

Transaction Impact: A difference of 75,525.24 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

66.8760

57.0995

JanuMarcMayJulySeptNove

NOK 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 61.1962, compared to 61.2140 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0178 points.

H1 Avg (Jan–Jun) 61.1962

H2 Avg (Jul–Dec) 61.2140

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 11.9609 XOF (High: 63.6224 / Low: 51.6616). On the other end, December was the most stable month, with a tight range of 1.0795 XOF (High: 62.4882 / Low: 61.4087).

March Spread (Volatile) ±11.9609

December Spread (Stable) ±1.0795

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 6.7745 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -6.7745

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 66.0613) against the same month in 2019 (average: 67.1736), the exchange rate shifted by -1.1123 (-1.66%).

2020 Avg (January) 66.0613

2019 Avg (January) 67.1736

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	66.7666	64.2218	66.0613
February	65.4828	63.3024	64.6887
March	63.6224	51.6616	57.9142
April	59.0143	56.2550	57.9298
May	60.7827	57.3395	59.4944
June	62.7746	60.1396	61.0887
July	62.4865	61.0093	61.5659
August	62.9541	61.0868	61.9770
September	62.8680	58.9458	60.8417
October	60.7697	58.9301	59.9780
November	62.3439	58.8549	61.0023
December	62.4882	61.4087	61.9191