YEARLY HIGH
15.7103 CDF
YEARLY LOW
11.3811 CDF
YEARLY AVERAGE
13.1308 CDF

2023 DJF to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 15.7103. Conversely, the yearly low was recorded on February 4, dropping to 11.3811.

This high-to-low spread represents a total annual volatility of 4.3291 CDF. From a start-to-finish perspective, comparing the January average rate of 11.5260 to the December average rate of 15.2870, the exchange rate registered a net change of 32.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 15.7103 was up 34.70% compared to the 2022 peak of 11.6632, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 78,551 CDF
2022 Average 56,729 CDF
Yearly Trough Low 56,906 CDF
Transaction Impact: A difference of 21,645.73 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

15.6631
11.1499
JanuMarcMayJulySeptNove

DJF to CDF 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 12.0065, compared to 14.2550 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2485 points.

H1 Avg (Jan–Jun) 12.0065
H2 Avg (Jul–Dec) 14.2550

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 1.6459 CDF (High: 13.1307 / Low: 11.4847). On the other end, January was the most stable month, with a tight range of 0.2345 CDF (High: 11.6263 / Low: 11.3917).

May Spread (Volatile) ±1.6459
January Spread (Stable) ±0.2345

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 15.2870) against the same month in 2022 (average: 11.5005), the exchange rate shifted by +3.7865 (+32.92%).

2023 Avg (December) 15.2870
2022 Avg (December) 11.5005

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.6263 11.3917 11.5260
February 11.6994 11.3811 11.5883
March 11.7355 11.4970 11.6406
April 12.3134 11.4985 11.7172
May 13.1307 11.4847 12.3053
June 13.5524 13.0367 13.2618
July 14.3310 13.5524 13.8971
August 13.9725 13.6313 13.9188
September 14.0572 13.8109 13.9524
October 14.6210 13.9288 14.1587
November 15.3116 13.9332 14.3160
December 15.7103 14.9721 15.2870