YEARLY HIGH
65.2690 XOF
YEARLY LOW
58.6153 XOF
YEARLY AVERAGE
62.5496 XOF

2020 SEK to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SEK to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 65.2690. Conversely, the yearly low was recorded on March 18, dropping to 58.6153.

This high-to-low spread represents a total annual volatility of 6.6538 XOF. From a start-to-finish perspective, comparing the January average rate of 62.1697 to the December average rate of 64.5040, the exchange rate registered a net change of 3.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 65.2690 was up 1.12% compared to the 2019 peak of 64.5432, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 326,345 XOF
2019 Average 309,874 XOF
Yearly Trough Low 293,076 XOF
Transaction Impact: A difference of 33,268.89 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

64.9307
59.8101
JanuMarcMayJulySeptNove

SEK 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 61.5088, compared to 63.5903 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0815 points.

H1 Avg (Jan–Jun) 61.5088
H2 Avg (Jul–Dec) 63.5903

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 3.5569 XOF (High: 62.1721 / Low: 58.6153). On the other end, August was the most stable month, with a tight range of 0.9033 XOF (High: 64.0296 / Low: 63.1263).

March Spread (Volatile) ±3.5569
August Spread (Stable) ±0.9033

Growth Streaks & Declines

Trends

Between April and August, 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 1.7895 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.7895

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 64.5040) against the same month in 2019 (average: 62.6214), the exchange rate shifted by +1.8826 (+3.01%).

2020 Avg (December) 64.5040
2019 Avg (December) 62.6214

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 62.6966 61.3819 62.1697
February 62.5711 61.3833 62.0639
March 62.1721 58.6153 60.2743
April 61.3641 59.5598 60.2368
May 62.5860 60.0767 61.7351
June 63.4120 61.9166 62.5730
July 64.1018 62.5443 63.3023
August 64.0296 63.1263 63.6090
September 63.5469 61.7376 62.9133
October 63.7007 62.4331 63.1058
November 64.7614 63.2172 64.1075
December 65.2690 63.9091 64.5040