2023 BGN to XAF Historical Review

YEARLY HIGH

338.4529 XAF

YEARLY LOW

329.2662 XAF

YEARLY AVERAGE

335.2586 XAF

2023 BGN to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BGN to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 338.4529. Conversely, the yearly low was recorded on May 6, dropping to 329.2662.

This high-to-low spread represents a total annual volatility of 9.1868 XAF. From a start-to-finish perspective, comparing the January average rate of 335.2599 to the December average rate of 335.2807, the exchange rate registered a net change of 0.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 338.4529 was down 0.11% compared to the 2022 peak of 338.8170, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,692,265 XAF

2022 Average 1,676,747 XAF

Yearly Trough Low 1,646,331 XAF

Transaction Impact: A difference of 45,933.77 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

335.4216

334.9048

JanuMarcMayJulySeptNove

BGN 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 335.1839, compared to 335.3334 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1494 points.

H1 Avg (Jan–Jun) 335.1839

H2 Avg (Jul–Dec) 335.3334

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 7.5359 XAF (High: 336.8021 / Low: 329.2662). On the other end, September was the most stable month, with a tight range of 1.1350 XAF (High: 335.7068 / Low: 334.5718).

May Spread (Volatile) ±7.5359

September Spread (Stable) ±1.1350

Growth Streaks & Declines

Trends

Between April and July, 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 0.3222 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3222

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 335.2701) against the same month in 2022 (average: 335.4045), the exchange rate shifted by -0.1344 (-0.04%).

2023 Avg (March) 335.2701

2022 Avg (March) 335.4045

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	336.2724	334.5624	335.2599
February	336.4096	331.8322	335.2656
March	338.4529	332.8061	335.2701
April	338.0676	331.6653	334.9479
May	336.8021	329.2662	334.9975
June	336.1173	334.6781	335.3626
July	335.9572	334.4373	335.3785
August	335.8557	334.4775	335.3435
September	335.7068	334.5718	335.3241
October	336.3891	334.9110	335.3684
November	336.1741	334.6364	335.3049
December	335.8376	334.5283	335.2807