2020 XAF to NGN Historical Review

YEARLY HIGH

0.7340 NGN

YEARLY LOW

0.5954 NGN

YEARLY AVERAGE

0.6621 NGN

2020 XAF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the XAF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.7340. Conversely, the yearly low was recorded on March 19, dropping to 0.5954.

This high-to-low spread represents a total annual volatility of 0.1387 NGN. From a start-to-finish perspective, comparing the January average rate of 0.6132 to the December average rate of 0.7124, the exchange rate registered a net change of 16.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.7340 was up 14.05% compared to the 2019 peak of 0.6436, 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 3,670 NGN

2019 Average 3,073 NGN

Yearly Trough Low 2,977 NGN

Transaction Impact: A difference of 693.38 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.7230

0.5952

JanuMarcMayJulySeptNove

XAF to NGN 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 0.6326, compared to 0.6915 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0589 points.

H1 Avg (Jan–Jun) 0.6326

H2 Avg (Jul–Dec) 0.6915

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0632 NGN (High: 0.6586 / Low: 0.5954). On the other end, October was the most stable month, with a tight range of 0.0150 NGN (High: 0.6923 / Low: 0.6773).

March Spread (Volatile) ±0.0632

October Spread (Stable) ±0.0150

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0074 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.7124) against the same month in 2019 (average: 0.6143), the exchange rate shifted by +0.0981 (+15.98%).

2020 Avg (December) 0.7124

2019 Avg (December) 0.6143

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6262	0.6088	0.6132
February	0.6145	0.5993	0.6059
March	0.6586	0.5954	0.6259
April	0.6507	0.6046	0.6377
May	0.6588	0.6383	0.6484
June	0.6715	0.6565	0.6647
July	0.7022	0.6643	0.6772
August	0.7039	0.6802	0.6947
September	0.7023	0.6747	0.6894
October	0.6923	0.6773	0.6854
November	0.6975	0.6753	0.6899
December	0.7340	0.7008	0.7124