YEARLY HIGH
100.5774 XOF
YEARLY LOW
64.7994 XOF
YEARLY AVERAGE
82.9586 XOF

2020 TRY to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 100.5774. Conversely, the yearly low was recorded on November 7, dropping to 64.7994.

This high-to-low spread represents a total annual volatility of 35.7779 XOF. From a start-to-finish perspective, comparing the January average rate of 99.7120 to the December average rate of 69.9814, the exchange rate registered a net change of -29.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 100.5774 was down 9.06% compared to the 2019 peak of 110.5931, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 5,028,868 XOF
2019 Average 5,160,644 XOF
Yearly Trough Low 3,239,971 XOF
Transaction Impact: A difference of 1,788,896.88 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

102.7216
66.6069
JanuMarcMayJulySeptNove

TRY 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 92.0799, compared to 73.8373 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 18.2426 points.

H1 Avg (Jan–Jun) 92.0799
H2 Avg (Jul–Dec) 73.8373

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 8.4724 XOF (High: 73.2718 / Low: 64.7994). On the other end, January was the most stable month, with a tight range of 2.4281 XOF (High: 100.5774 / Low: 98.1492).

November Spread (Volatile) ±8.4724
January Spread (Stable) ±2.4281

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 July and August, when the average rate fell by 7.1288 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -7.1288

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 99.7120) against the same month in 2019 (average: 107.2120), the exchange rate shifted by -7.5000 (-7.00%).

2020 Avg (January) 99.7120
2019 Avg (January) 107.2120

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 100.5774 98.1492 99.7120
February 100.1805 95.2827 99.0642
March 96.8522 89.9239 93.3842
April 91.1568 85.7303 88.1286
May 88.7186 84.3191 86.6951
June 87.4478 84.6549 85.4953
July 85.1785 79.1973 83.3346
August 80.1057 74.4645 76.2057
September 75.0826 71.4279 73.7397
October 72.1177 67.2985 70.1463
November 73.2718 64.7994 69.6164
December 72.4191 68.4562 69.9814