2023 BRL to XOF Historical Review

YEARLY HIGH

126.6585 XOF

YEARLY LOW

113.5179 XOF

YEARLY AVERAGE

121.4438 XOF

2023 BRL to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BRL to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 14, valuing the pair at 126.6585. Conversely, the yearly low was recorded on January 3, dropping to 113.5179.

This high-to-low spread represents a total annual volatility of 13.1406 XOF. From a start-to-finish perspective, comparing the January average rate of 117.2379 to the December average rate of 122.6379, the exchange rate registered a net change of 4.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 126.6585 was down 3.68% compared to the 2022 peak of 131.5024, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 3,166,462 XOF

2022 Average 3,025,574 XOF

Yearly Trough Low 2,837,948 XOF

Transaction Impact: A difference of 328,514.59 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

125.4197

116.4941

JanuMarcMayJulySeptNove

BRL to XOF 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 119.6612, compared to 123.2264 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.5651 points.

H1 Avg (Jan–Jun) 119.6612

H2 Avg (Jul–Dec) 123.2264

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 6.5747 XOF (High: 120.8385 / Low: 114.2638). On the other end, December was the most stable month, with a tight range of 2.8948 XOF (High: 124.2709 / Low: 121.3762).

March Spread (Volatile) ±6.5747

December Spread (Stable) ±2.8948

Growth Streaks & Declines

Trends

Between March and June, 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 September and October, when the average rate fell by 1.5689 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.5689

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 124.2157) against the same month in 2022 (average: 126.5760), the exchange rate shifted by -2.3603 (-1.86%).

2023 Avg (September) 124.2157

2022 Avg (September) 126.5760

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	119.1591	113.5179	117.2379
February	120.4641	115.4374	118.3455
March	120.8385	114.2638	117.4946
April	121.6169	117.0664	119.0431
May	123.3791	118.1322	121.1703
June	126.0815	121.5625	124.6759
July	126.2140	121.4100	123.6348
August	124.7024	120.6759	122.5142
September	126.6585	122.8069	124.2157
October	124.5157	120.2289	122.6468
November	125.8436	121.8464	123.7086
December	124.2709	121.3762	122.6379