2023 COP to XAF Historical Review

YEARLY HIGH

0.1574 XAF

YEARLY LOW

0.1244 XAF

YEARLY AVERAGE

0.1409 XAF

2023 COP to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the COP to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 19, valuing the pair at 0.1574. Conversely, the yearly low was recorded on February 22, dropping to 0.1244.

This high-to-low spread represents a total annual volatility of 0.0330 XAF. From a start-to-finish perspective, comparing the January average rate of 0.1291 to the December average rate of 0.1518, the exchange rate registered a net change of 17.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1574 was down 3.34% compared to the 2022 peak of 0.1628, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 786,850 XAF

2022 Average 736,467 XAF

Yearly Trough Low 621,905 XAF

Transaction Impact: A difference of 164,945.60 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1558

0.1253

JanuMarcMayJulySeptNove

COP 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 0.1324, compared to 0.1494 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0170 points.

H1 Avg (Jan–Jun) 0.1324

H2 Avg (Jul–Dec) 0.1494

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0131 XAF (High: 0.1397 / Low: 0.1266). On the other end, December was the most stable month, with a tight range of 0.0041 XAF (High: 0.1540 / Low: 0.1499).

May Spread (Volatile) ±0.0131

December Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0061 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.1533) against the same month in 2022 (average: 0.1491), the exchange rate shifted by +0.0041 (+2.75%).

2023 Avg (September) 0.1533

2022 Avg (September) 0.1491

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1339	0.1254	0.1291
February	0.1311	0.1244	0.1278
March	0.1309	0.1263	0.1287
April	0.1353	0.1280	0.1317
May	0.1397	0.1266	0.1328
June	0.1475	0.1377	0.1440
July	0.1518	0.1419	0.1460
August	0.1522	0.1437	0.1477
September	0.1574	0.1481	0.1533
October	0.1526	0.1429	0.1471
November	0.1544	0.1468	0.1504
December	0.1540	0.1499	0.1518