YEARLY HIGH
1.1954 XOF
YEARLY LOW
1.0399 XOF
YEARLY AVERAGE
1.1210 XOF

2020 SYP to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SYP to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 1.1954. Conversely, the yearly low was recorded on December 30, dropping to 1.0399.

This high-to-low spread represents a total annual volatility of 0.1555 XOF. From a start-to-finish perspective, comparing the January average rate of 1.1472 to the December average rate of 1.0507, the exchange rate registered a net change of -8.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.1954 was up 2.41% compared to the 2019 peak of 1.1672, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,977 XOF
2019 Average 5,687 XOF
Yearly Trough Low 5,200 XOF
Transaction Impact: A difference of 777.25 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.1880
1.0382
JanuMarcMayJulySeptNove

SYP 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 1.1576, compared to 1.0844 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0732 points.

H1 Avg (Jan–Jun) 1.1576
H2 Avg (Jul–Dec) 1.0844

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0790 XOF (High: 1.1954 / Low: 1.1164). On the other end, October was the most stable month, with a tight range of 0.0169 XOF (High: 1.0960 / Low: 1.0791).

March Spread (Volatile) ±0.0790
October Spread (Stable) ±0.0169

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0337 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0337

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 1.1510) against the same month in 2019 (average: 1.1273), the exchange rate shifted by +0.0237 (+2.10%).

2020 Avg (March) 1.1510
2019 Avg (March) 1.1273

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1566 1.1352 1.1472
February 1.1807 1.1481 1.1668
March 1.1954 1.1164 1.1510
April 1.1864 1.1641 1.1755
May 1.1838 1.1487 1.1693
June 1.1490 1.1246 1.1356
July 1.1378 1.0794 1.1164
August 1.0925 1.0730 1.0834
September 1.1012 1.0760 1.0880
October 1.0960 1.0791 1.0880
November 1.0992 1.0683 1.0798
December 1.0595 1.0399 1.0507