2023 BIF to XAF Historical Review

YEARLY HIGH

0.3013 XAF

YEARLY LOW

0.2058 XAF

YEARLY AVERAGE

0.2437 XAF

2023 BIF to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BIF to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.3013. Conversely, the yearly low was recorded on July 14, dropping to 0.2058.

This high-to-low spread represents a total annual volatility of 0.0955 XAF. From a start-to-finish perspective, comparing the January average rate of 0.2939 to the December average rate of 0.2107, the exchange rate registered a net change of -28.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3013 was down 9.26% compared to the 2022 peak of 0.3321, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,507 XAF

2022 Average 1,527 XAF

Yearly Trough Low 1,029 XAF

Transaction Impact: A difference of 477.71 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3043

0.2011

JanuMarcMayJulySeptNove

BIF 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 0.2738, compared to 0.2136 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0602 points.

H1 Avg (Jan–Jun) 0.2738

H2 Avg (Jul–Dec) 0.2136

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0772 XAF (High: 0.2922 / Low: 0.2150). On the other end, October was the most stable month, with a tight range of 0.0043 XAF (High: 0.2206 / Low: 0.2163).

May Spread (Volatile) ±0.0772

October Spread (Stable) ±0.0043

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 May and June, when the average rate fell by 0.0435 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0435

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2939) against the same month in 2022 (average: 0.2894), the exchange rate shifted by +0.0045 (+1.57%).

2023 Avg (January) 0.2939

2022 Avg (January) 0.2894

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3013	0.2903	0.2939
February	0.3006	0.2872	0.2957
March	0.2993	0.2891	0.2949
April	0.2919	0.2827	0.2871
May	0.2922	0.2150	0.2573
June	0.2171	0.2108	0.2138
July	0.2141	0.2058	0.2097
August	0.2143	0.2100	0.2122
September	0.2197	0.2139	0.2166
October	0.2206	0.2163	0.2187
November	0.2183	0.2095	0.2135
December	0.2139	0.2071	0.2107