2023 BGN to XPF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 BGN to XPF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the BGN to XPF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 61.5714. Conversely, the yearly low was recorded on May 6, dropping to 59.9001.
This high-to-low spread represents a total annual volatility of 1.6713 XPF. From a start-to-finish perspective, comparing the January average rate of 60.9905 to the December average rate of 60.9943, 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 61.5714 was down 0.11% compared to the 2022 peak of 61.6376, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
BGN to XPF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 60.9767, compared to 61.0039 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0272 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was May, with a trading range of 1.3709 XPF (High: 61.2711 / Low: 59.9001). On the other end, September was the most stable month, with a tight range of 0.2065 XPF (High: 61.0718 / Low: 60.8653).
Growth Streaks & Declines
TrendsBetween 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 0.0586 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2023: 60.9924) against the same month in 2022 (average: 61.0168), the exchange rate shifted by -0.0245 (-0.04%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 61.1747 | 60.8636 | 60.9905 |
| February | 61.1997 | 60.3669 | 60.9915 |
| March | 61.5714 | 60.5441 | 60.9924 |
| April | 61.5013 | 60.3366 | 60.9337 |
| May | 61.2711 | 59.9001 | 60.9428 |
| June | 61.1465 | 60.8847 | 61.0092 |
| July | 61.1174 | 60.8409 | 61.0121 |
| August | 61.0989 | 60.8482 | 61.0057 |
| September | 61.0718 | 60.8653 | 61.0022 |
| October | 61.1959 | 60.9270 | 61.0102 |
| November | 61.1568 | 60.8771 | 60.9987 |
| December | 61.0956 | 60.8574 | 60.9943 |