YEARLY HIGH
0.1743 CVE
YEARLY LOW
0.1659 CVE
YEARLY AVERAGE
0.1687 CVE

2021 XOF to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the XOF to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on June 28, valuing the pair at 0.1743. Conversely, the yearly low was recorded on June 17, dropping to 0.1659.

This high-to-low spread represents a total annual volatility of 0.0084 CVE. From a start-to-finish perspective, comparing the January average rate of 0.1687 to the December average rate of 0.1689, the exchange rate registered a net change of 0.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1743 was down 59.43% compared to the 2020 peak of 0.4297, 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 872 CVE
2020 Average 848 CVE
Yearly Trough Low 830 CVE
Transaction Impact: A difference of 41.81 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

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 0.1688, 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 0.0002 points.

H1 Avg (Jan–Jun) 0.1688
H2 Avg (Jul–Dec) 0.1686

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0084 CVE (High: 0.1743 / Low: 0.1659). On the other end, December was the most stable month, with a tight range of 0.0010 CVE (High: 0.1695 / Low: 0.1684).

June Spread (Volatile) ±0.0084
December Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.1688) against the same month in 2020 (average: 0.1688), the exchange rate shifted by -0.0000 (-0.02%).

2021 Avg (June) 0.1688
2020 Avg (June) 0.1688

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1698 0.1675 0.1687
February 0.1695 0.1681 0.1688
March 0.1698 0.1682 0.1689
April 0.1702 0.1675 0.1689
May 0.1712 0.1675 0.1689
June 0.1743 0.1659 0.1688
July 0.1700 0.1683 0.1689
August 0.1693 0.1674 0.1683
September 0.1690 0.1678 0.1685
October 0.1697 0.1668 0.1686
November 0.1696 0.1665 0.1685
December 0.1695 0.1684 0.1689