YEARLY HIGH
0.4297 CVE
YEARLY LOW
0.1661 CVE
YEARLY AVERAGE
0.1695 CVE

2020 XOF to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the XOF to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.4297. Conversely, the yearly low was recorded on March 13, dropping to 0.1661.

This high-to-low spread represents a total annual volatility of 0.2635 CVE. From a start-to-finish perspective, comparing the January average rate of 0.1687 to the December average rate of 0.1687, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4297 was up 151.47% compared to the 2019 peak of 0.1709, 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 2,148 CVE
2019 Average 843 CVE
Yearly Trough Low 831 CVE
Transaction Impact: A difference of 1,317.75 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1786
0.1674
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 0.1703, compared to 0.1688 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.1703
H2 Avg (Jul–Dec) 0.1688

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.2635 CVE (High: 0.4297 / Low: 0.1661). On the other end, December was the most stable month, with a tight range of 0.0013 CVE (High: 0.1695 / Low: 0.1682).

March Spread (Volatile) ±0.2635
December Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between August and November, 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 March and April, when the average rate fell by 0.0090 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0090

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.1777) against the same month in 2019 (average: 0.1685), the exchange rate shifted by +0.0092 (+5.45%).

2020 Avg (March) 0.1777
2019 Avg (March) 0.1685

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1694 0.1680 0.1687
February 0.1696 0.1681 0.1688
March 0.4297 0.1661 0.1777
April 0.1703 0.1669 0.1687
May 0.1706 0.1683 0.1689
June 0.1698 0.1677 0.1688
July 0.1801 0.1680 0.1692
August 0.1708 0.1666 0.1684
September 0.1699 0.1673 0.1686
October 0.1695 0.1682 0.1688
November 0.1702 0.1679 0.1689
December 0.1695 0.1682 0.1687