2023 BBD to XAF Historical Review

YEARLY HIGH

313.2705 XAF

YEARLY LOW

291.7041 XAF

YEARLY AVERAGE

303.1092 XAF

2023 BBD to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 313.2705. Conversely, the yearly low was recorded on July 14, dropping to 291.7041.

This high-to-low spread represents a total annual volatility of 21.5664 XAF. From a start-to-finish perspective, comparing the January average rate of 304.0526 to the December average rate of 300.2806, the exchange rate registered a net change of -1.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 313.2705 was down 8.35% compared to the 2022 peak of 341.7934, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,566,352 XAF

2022 Average 1,559,623 XAF

Yearly Trough Low 1,458,520 XAF

Transaction Impact: A difference of 107,831.90 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

311.8013

295.2372

JanuMarcMayJulySeptNove

BBD to XAF 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 303.1797, compared to 303.0386 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1411 points.

H1 Avg (Jan–Jun) 303.1797

H2 Avg (Jul–Dec) 303.0386

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 14.1160 XAF (High: 306.6763 / Low: 292.5602). On the other end, October was the most stable month, with a tight range of 5.9054 XAF (High: 313.2705 / Low: 307.3651).

May Spread (Volatile) ±14.1160

October Spread (Stable) ±5.9054

Growth Streaks & Declines

Trends

Between July and October, 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 7.6369 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -7.6369

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 310.4210) against the same month in 2022 (average: 333.4843), the exchange rate shifted by -23.0633 (-6.92%).

2023 Avg (October) 310.4210

2022 Avg (October) 333.4843

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	311.7600	300.3329	304.0526
February	310.7789	297.8171	306.4771
March	310.9158	300.7749	306.1136
April	303.5573	294.7459	298.4766
May	306.6763	292.5602	301.4906
June	306.6122	298.3883	302.4679
July	302.1406	291.7041	296.6176
August	303.8248	297.4611	300.6314
September	312.2029	303.9275	307.1499
October	313.2705	307.3651	310.4210
November	309.8144	298.0480	303.1312
December	304.6641	295.2513	300.2806