2023 BZD to XOF Historical Review

YEARLY HIGH

310.7232 XOF

YEARLY LOW

289.6056 XOF

YEARLY AVERAGE

300.9081 XOF

2023 BZD to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BZD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 310.7232. Conversely, the yearly low was recorded on July 14, dropping to 289.6056.

This high-to-low spread represents a total annual volatility of 21.1176 XOF. From a start-to-finish perspective, comparing the January average rate of 301.6813 to the December average rate of 297.6338, the exchange rate registered a net change of -1.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 310.7232 was down 8.36% compared to the 2022 peak of 339.0774, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,553,616 XOF

2022 Average 1,547,610 XOF

Yearly Trough Low 1,448,028 XOF

Transaction Impact: A difference of 105,587.77 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

309.5811

293.3021

JanuMarcMayJulySeptNove

BZD 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 301.0224, compared to 300.7938 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2285 points.

H1 Avg (Jan–Jun) 301.0224

H2 Avg (Jul–Dec) 300.7938

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 14.1392 XOF (High: 304.4219 / Low: 290.2827). On the other end, October was the most stable month, with a tight range of 5.6428 XOF (High: 310.7232 / Low: 305.0803).

May Spread (Volatile) ±14.1392

October Spread (Stable) ±5.6428

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 8.0355 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -8.0355

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 308.2245) against the same month in 2022 (average: 331.1861), the exchange rate shifted by -22.9616 (-6.93%).

2023 Avg (October) 308.2245

2022 Avg (October) 331.1861

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	309.1728	297.9686	301.6813
February	308.5346	295.5193	304.0575
March	309.0086	298.3884	304.4900
April	301.8420	292.4747	296.4545
May	304.4219	290.2827	299.2890
June	304.3517	296.0969	300.1619
July	300.1960	289.6056	294.6586
August	301.5339	295.0557	298.2913
September	309.4468	301.3598	304.8259
October	310.7232	305.0803	308.2245
November	307.5475	295.9280	301.1289
December	302.0122	292.5209	297.6338