YEARLY HIGH
78.0856 XOF
YEARLY LOW
35.0031 XOF
YEARLY AVERAGE
64.1262 XOF

2021 TRY to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 17, valuing the pair at 78.0856. Conversely, the yearly low was recorded on December 19, dropping to 35.0031.

This high-to-low spread represents a total annual volatility of 43.0826 XOF. From a start-to-finish perspective, comparing the January average rate of 72.8561 to the December average rate of 43.6673, the exchange rate registered a net change of -40.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 78.0856 was down 22.36% compared to the 2020 peak of 100.5774, 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 3,904,282 XOF
2020 Average 4,145,560 XOF
Yearly Trough Low 1,750,153 XOF
Transaction Impact: A difference of 2,154,128.72 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

79.6461
40.3965
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 69.2490, compared to 59.0034 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.2456 points.

H1 Avg (Jan–Jun) 69.2490
H2 Avg (Jul–Dec) 59.0034

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 19.1651 XOF (High: 54.1681 / Low: 35.0031). On the other end, July was the most stable month, with a tight range of 1.7634 XOF (High: 65.3841 / Low: 63.6207).

December Spread (Volatile) ±19.1651
July Spread (Stable) ±1.7634

Growth Streaks & Declines

Trends

Between June and August, 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 10.1076 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -10.1076

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 76.3753) against the same month in 2020 (average: 99.0642), the exchange rate shifted by -22.6889 (-22.90%).

2021 Avg (February) 76.3753
2020 Avg (February) 99.0642

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 74.2967 71.9532 72.8561
February 78.0856 73.1005 76.3753
March 76.0592 67.1757 71.7391
April 68.5425 64.4490 67.0315
May 65.8418 62.7284 64.3812
June 64.5911 62.0692 63.1107
July 65.3841 63.6207 64.5316
August 66.7651 64.5816 65.7334
September 66.7621 63.0075 65.0413
October 63.9535 57.9747 61.2715
November 59.2421 42.8649 53.7750
December 54.1681 35.0031 43.6673