YEARLY HIGH
1.0579 XOF
YEARLY LOW
0.9163 XOF
YEARLY AVERAGE
0.9904 XOF

2020 SOS to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SOS to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 1.0579. Conversely, the yearly low was recorded on December 19, dropping to 0.9163.

This high-to-low spread represents a total annual volatility of 0.1415 XOF. From a start-to-finish perspective, comparing the January average rate of 1.0180 to the December average rate of 0.9276, the exchange rate registered a net change of -8.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.0579 was up 1.72% compared to the 2019 peak of 1.0400, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,289 XOF
2019 Average 5,052 XOF
Yearly Trough Low 4,582 XOF
Transaction Impact: A difference of 707.67 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.0508
0.9164
JanuMarcMayJulySeptNove

SOS 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 1.0239, compared to 0.9568 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0672 points.

H1 Avg (Jan–Jun) 1.0239
H2 Avg (Jul–Dec) 0.9568

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0680 XOF (High: 1.0579 / Low: 0.9899). On the other end, August was the most stable month, with a tight range of 0.0141 XOF (High: 0.9642 / Low: 0.9502).

March Spread (Volatile) ±0.0680
August Spread (Stable) ±0.0141

Growth Streaks & Declines

Trends

Between 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 May and June, when the average rate fell by 0.0304 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0304

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 1.0175) against the same month in 2019 (average: 1.0008), the exchange rate shifted by +0.0167 (+1.66%).

2020 Avg (March) 1.0175
2019 Avg (March) 1.0008

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0256 1.0056 1.0180
February 1.0508 1.0090 1.0314
March 1.0579 0.9899 1.0175
April 1.0507 1.0308 1.0396
May 1.0475 1.0159 1.0338
June 1.0162 0.9926 1.0033
July 1.0050 0.9512 0.9860
August 0.9642 0.9502 0.9568
September 0.9715 0.9472 0.9581
October 0.9681 0.9510 0.9593
November 0.9716 0.9405 0.9528
December 0.9350 0.9163 0.9276