YEARLY HIGH
0.1709 CVE
YEARLY LOW
0.1665 CVE
YEARLY AVERAGE
0.1686 CVE

2019 XOF to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the XOF to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 0.1709. Conversely, the yearly low was recorded on January 2, dropping to 0.1665.

This high-to-low spread represents a total annual volatility of 0.0043 CVE. From a start-to-finish perspective, comparing the January average rate of 0.1685 to the December average rate of 0.1689, the exchange rate registered a net change of 0.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1709 was up 0.18% compared to the 2018 peak of 0.1706, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 854 CVE
2018 Average 843 CVE
Yearly Trough Low 833 CVE
Transaction Impact: A difference of 21.57 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1690
0.1682
JanuMarcMayJulySeptNove

XOF to CVE 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 0.1686, compared to 0.1686 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.1686
H2 Avg (Jul–Dec) 0.1686

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0036 CVE (High: 0.1709 / Low: 0.1673). On the other end, July was the most stable month, with a tight range of 0.0015 CVE (High: 0.1688 / Low: 0.1674).

August Spread (Volatile) ±0.0036
July Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.1685) against the same month in 2018 (average: 0.1685), the exchange rate shifted by +0.0000 (+0.02%).

2019 Avg (August) 0.1685
2018 Avg (August) 0.1685

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1696 0.1665 0.1685
February 0.1694 0.1676 0.1685
March 0.1695 0.1673 0.1685
April 0.1693 0.1677 0.1687
May 0.1695 0.1680 0.1687
June 0.1701 0.1679 0.1690
July 0.1688 0.1674 0.1683
August 0.1709 0.1673 0.1685
September 0.1699 0.1674 0.1685
October 0.1700 0.1680 0.1688
November 0.1697 0.1682 0.1688
December 0.1699 0.1683 0.1689