YEARLY HIGH
0.0024 CAD
YEARLY LOW
0.0022 CAD
YEARLY AVERAGE
0.0023 CAD

2020 XAF to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the XAF to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 0.0024. Conversely, the yearly low was recorded on February 19, dropping to 0.0022.

This high-to-low spread represents a total annual volatility of 0.0002 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0022 to the December average rate of 0.0024, the exchange rate registered a net change of 7.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0024 was up 1.97% compared to the 2019 peak of 0.0024, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12 CAD
2019 Average 11 CAD
Yearly Trough Low 11 CAD
Transaction Impact: A difference of 1.24 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0024
0.0022
JanuMarcMayJulySeptNove

XAF to CAD 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 0.0023, compared to 0.0024 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0023
H2 Avg (Jul–Dec) 0.0024

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0002 CAD (High: 0.0024 / Low: 0.0023). On the other end, November was the most stable month, with a tight range of 0.0000 CAD (High: 0.0024 / Low: 0.0023).

March Spread (Volatile) ±0.0002
November Spread (Stable) ±0.0000

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 March and April, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2020: 0.0024) against the same month in 2019 (average: 0.0022), the exchange rate shifted by +0.0001 (+5.37%).

2020 Avg (July) 0.0024
2019 Avg (July) 0.0022

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0022 0.0022 0.0022
February 0.0023 0.0022 0.0022
March 0.0024 0.0023 0.0024
April 0.0024 0.0023 0.0023
May 0.0024 0.0023 0.0023
June 0.0023 0.0023 0.0023
July 0.0024 0.0023 0.0024
August 0.0024 0.0024 0.0024
September 0.0024 0.0024 0.0024
October 0.0024 0.0024 0.0024
November 0.0024 0.0023 0.0024
December 0.0024 0.0024 0.0024