2023 CAD to XPF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 CAD to XPF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the CAD to XPF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 84.1369. Conversely, the yearly low was recorded on April 29, dropping to 78.5327.
This high-to-low spread represents a total annual volatility of 5.6042 XPF. From a start-to-finish perspective, comparing the January average rate of 82.4317 to the December average rate of 81.4670, the exchange rate registered a net change of -1.17% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 84.1369 was down 9.04% compared to the 2022 peak of 92.4938, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
CAD 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 81.8053, compared to 81.5753 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2299 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was May, with a trading range of 3.2655 XPF (High: 82.2454 / Low: 78.9799). On the other end, June was the most stable month, with a tight range of 0.9015 XPF (High: 83.3501 / Low: 82.4486).
Growth Streaks & Declines
TrendsBetween April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.9035 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2023: 82.4753) against the same month in 2022 (average: 90.4379), the exchange rate shifted by -7.9626 (-8.80%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 83.6316 | 81.6608 | 82.4317 |
| February | 83.6659 | 81.6299 | 82.8574 |
| March | 82.8022 | 80.0190 | 81.2949 |
| April | 81.7864 | 78.5327 | 80.3476 |
| May | 82.2454 | 78.9799 | 81.0825 |
| June | 83.3501 | 82.4486 | 82.8176 |
| July | 82.9163 | 80.2189 | 81.5718 |
| August | 81.7131 | 80.6665 | 81.1148 |
| September | 84.1369 | 81.3115 | 82.4753 |
| October | 83.2580 | 81.2795 | 82.3633 |
| November | 81.7670 | 79.4349 | 80.4599 |
| December | 81.8828 | 80.9792 | 81.4670 |