2020 PHP to XOF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 PHP to XOF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the PHP to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 13, valuing the pair at 12.0504. Conversely, the yearly low was recorded on December 30, dropping to 11.1050.
This high-to-low spread represents a total annual volatility of 0.9454 XOF. From a start-to-finish perspective, comparing the January average rate of 11.6218 to the December average rate of 11.2073, the exchange rate registered a net change of -3.57% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 12.0504 was up 2.39% compared to the 2019 peak of 11.7688, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 PHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
PHP 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 11.7544, compared to 11.4345 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3199 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 0.5986 XOF (High: 11.9798 / Low: 11.3812). On the other end, October was the most stable month, with a tight range of 0.1999 XOF (High: 11.5999 / Low: 11.4000).
Growth Streaks & Declines
TrendsBetween August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.2707 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2020: 11.8795) against the same month in 2019 (average: 11.2234), the exchange rate shifted by +0.6561 (+5.85%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.7271 | 11.4676 | 11.6218 |
| February | 11.9976 | 11.5914 | 11.8277 |
| March | 11.9798 | 11.3812 | 11.6366 |
| April | 12.0201 | 11.7576 | 11.9154 |
| May | 12.0504 | 11.7100 | 11.8795 |
| June | 11.7202 | 11.5183 | 11.6453 |
| July | 11.7707 | 11.2414 | 11.5882 |
| August | 11.4697 | 11.2543 | 11.3687 |
| September | 11.6333 | 11.3173 | 11.4715 |
| October | 11.5999 | 11.4000 | 11.4932 |
| November | 11.6313 | 11.3930 | 11.4780 |
| December | 11.3189 | 11.1050 | 11.2073 |