YEARLY HIGH
16.4887 XPF
YEARLY LOW
15.3693 XPF
YEARLY AVERAGE
15.9654 XPF

2023 BOB to XPF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BOB to XPF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 16.4887. Conversely, the yearly low was recorded on July 14, dropping to 15.3693.

This high-to-low spread represents a total annual volatility of 1.1195 XPF. From a start-to-finish perspective, comparing the January average rate of 16.0095 to the December average rate of 15.7933, the exchange rate registered a net change of -1.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 16.4887 was down 8.36% compared to the 2022 peak of 17.9937, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 82,444 XPF
2022 Average 82,322 XPF
Yearly Trough Low 76,846 XPF
Transaction Impact: A difference of 5,597.39 XPF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

16.4293
15.5607
JanuMarcMayJulySeptNove

BOB to XPF 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 15.9691, compared to 15.9616 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0075 points.

H1 Avg (Jan–Jun) 15.9691
H2 Avg (Jul–Dec) 15.9616

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.7454 XPF (High: 16.1553 / Low: 15.4099). On the other end, October was the most stable month, with a tight range of 0.2992 XPF (High: 16.4887 / Low: 16.1895).

May Spread (Volatile) ±0.7454
October Spread (Stable) ±0.2992

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 0.4217 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4217

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 16.3569) against the same month in 2022 (average: 17.5559), the exchange rate shifted by -1.1990 (-6.83%).

2023 Avg (October) 16.3569
2022 Avg (October) 17.5559

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.4058 15.8123 16.0095
February 16.3732 15.6826 16.1355
March 16.3984 15.8350 16.1407
April 16.0177 15.5206 15.7190
May 16.1553 15.4099 15.8813
June 16.1508 15.7125 15.9288
July 15.9299 15.3693 15.6331
August 16.0025 15.6573 15.8299
September 16.4219 15.9925 16.1766
October 16.4887 16.1895 16.3569
November 16.3225 15.7052 15.9800
December 16.0318 15.5236 15.7933