YEARLY HIGH
0.0194 NOK
YEARLY LOW
0.0150 NOK
YEARLY AVERAGE
0.0164 NOK

2020 XAF to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the XAF to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 21, valuing the pair at 0.0194. Conversely, the yearly low was recorded on January 2, dropping to 0.0150.

This high-to-low spread represents a total annual volatility of 0.0044 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0151 to the December average rate of 0.0162, the exchange rate registered a net change of 6.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0194 was up 23.81% compared to the 2019 peak of 0.0156, 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 97 NOK
2019 Average 75 NOK
Yearly Trough Low 75 NOK
Transaction Impact: A difference of 21.90 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0176
0.0149
JanuMarcMayJulySeptNove

XAF to NOK 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 0.0164, compared to 0.0163 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0164
H2 Avg (Jul–Dec) 0.0163

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0036 NOK (High: 0.0194 / Low: 0.0157). On the other end, December was the most stable month, with a tight range of 0.0003 NOK (High: 0.0163 / Low: 0.0160).

March Spread (Volatile) ±0.0036
December Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0173) against the same month in 2019 (average: 0.0148), the exchange rate shifted by +0.0025 (+17.00%).

2020 Avg (March) 0.0173
2019 Avg (March) 0.0148

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0156 0.0150 0.0151
February 0.0158 0.0153 0.0155
March 0.0194 0.0157 0.0173
April 0.0178 0.0169 0.0173
May 0.0174 0.0165 0.0168
June 0.0166 0.0159 0.0164
July 0.0164 0.0160 0.0162
August 0.0164 0.0159 0.0161
September 0.0170 0.0159 0.0164
October 0.0170 0.0165 0.0167
November 0.0170 0.0160 0.0164
December 0.0163 0.0160 0.0162