2023 CDF to XAF Historical Review

YEARLY HIGH

0.3053 XAF

YEARLY LOW

0.2134 XAF

YEARLY AVERAGE

0.2622 XAF

2023 CDF to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.3053. Conversely, the yearly low was recorded on December 21, dropping to 0.2134.

This high-to-low spread represents a total annual volatility of 0.0919 XAF. From a start-to-finish perspective, comparing the January average rate of 0.2968 to the December average rate of 0.2206, the exchange rate registered a net change of -25.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3053 was down 8.43% compared to the 2022 peak of 0.3334, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,526 XAF

2022 Average 1,544 XAF

Yearly Trough Low 1,067 XAF

Transaction Impact: A difference of 459.33 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3049

0.2130

JanuMarcMayJulySeptNove

CDF 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 0.2850, compared to 0.2394 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0456 points.

H1 Avg (Jan–Jun) 0.2850

H2 Avg (Jul–Dec) 0.2394

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0340 XAF (High: 0.2955 / Low: 0.2615). On the other end, August was the most stable month, with a tight range of 0.0061 XAF (High: 0.2459 / Low: 0.2397).

May Spread (Volatile) ±0.0340

August Spread (Stable) ±0.0061

Growth Streaks & Declines

Trends

Between July and September, 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 May and June, when the average rate fell by 0.0200 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0200

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2968) against the same month in 2022 (average: 0.2889), the exchange rate shifted by +0.0079 (+2.73%).

2023 Avg (January) 0.2968

2022 Avg (January) 0.2889

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3053	0.2913	0.2968
February	0.3030	0.2900	0.2972
March	0.3019	0.2894	0.2961
April	0.2950	0.2718	0.2869
May	0.2955	0.2615	0.2763
June	0.2635	0.2493	0.2563
July	0.2495	0.2322	0.2403
August	0.2459	0.2397	0.2428
September	0.2507	0.2444	0.2473
October	0.2526	0.2389	0.2466
November	0.2494	0.2211	0.2386
December	0.2279	0.2134	0.2206