2020 TWD to XOF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 TWD to XOF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the TWD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 20.3382. Conversely, the yearly low was recorded on August 18, dropping to 18.6869.
This high-to-low spread represents a total annual volatility of 1.6513 XOF. From a start-to-finish perspective, comparing the January average rate of 19.6839 to the December average rate of 19.1195, the exchange rate registered a net change of -2.87% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 20.3382 was up 3.47% compared to the 2019 peak of 19.6567, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
TWD to XOF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 19.8437, compared to 19.2233 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6204 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 1.1574 XOF (High: 20.3382 / Low: 19.1809). On the other end, December was the most stable month, with a tight range of 0.2261 XOF (High: 19.2186 / Low: 18.9926).
Growth Streaks & Declines
TrendsBetween 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 July and August, when the average rate fell by 0.5737 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 19.6780) against the same month in 2019 (average: 18.8089), the exchange rate shifted by +0.8691 (+4.62%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.8240 | 19.4728 | 19.6839 |
| February | 20.2117 | 19.4742 | 19.9180 |
| March | 20.3382 | 19.1809 | 19.6780 |
| April | 20.2576 | 19.8114 | 20.0710 |
| May | 20.3082 | 19.6973 | 20.0463 |
| June | 19.8518 | 19.3794 | 19.6650 |
| July | 19.8226 | 18.8593 | 19.4569 |
| August | 19.0611 | 18.6869 | 18.8832 |
| September | 19.3427 | 18.7653 | 19.0565 |
| October | 19.7909 | 19.2953 | 19.4219 |
| November | 19.7169 | 19.2119 | 19.4019 |
| December | 19.2186 | 18.9926 | 19.1195 |