2020 NZD to XOF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 NZD to XOF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the NZD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 393.8190. Conversely, the yearly low was recorded on March 18, dropping to 342.5224.
This high-to-low spread represents a total annual volatility of 51.2966 XOF. From a start-to-finish perspective, comparing the January average rate of 390.6072 to the December average rate of 382.3957, the exchange rate registered a net change of -2.10% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 393.8190 was down 2.00% compared to the 2019 peak of 401.8583, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
NZD to XOF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 372.7408, compared to 374.5530 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8122 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 28.5430 XOF (High: 371.0654 / Low: 342.5224). On the other end, December was the most stable month, with a tight range of 6.3967 XOF (High: 386.1477 / Low: 379.7510).
Growth Streaks & Declines
TrendsBetween March and July, 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 February and March, when the average rate fell by 26.0552 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2020: 390.6072) against the same month in 2019 (average: 389.5256), the exchange rate shifted by +1.0816 (+0.28%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 393.8190 | 382.1364 | 390.6072 |
| February | 389.9995 | 371.6908 | 384.0387 |
| March | 371.0654 | 342.5224 | 357.9835 |
| April | 370.2648 | 355.3195 | 362.7233 |
| May | 371.6971 | 358.6493 | 365.3402 |
| June | 381.0529 | 370.3547 | 375.7521 |
| July | 381.7058 | 369.2695 | 377.1296 |
| August | 371.4419 | 361.3966 | 366.2354 |
| September | 374.6665 | 367.8883 | 371.0334 |
| October | 373.0517 | 364.8884 | 370.0460 |
| November | 385.6959 | 371.7414 | 380.4780 |
| December | 386.1477 | 379.7510 | 382.3957 |