2023 EUR to CDF Historical Review

YEARLY HIGH

3073.7382 CDF

YEARLY LOW

2148.7501 CDF

YEARLY AVERAGE

2527.6158 CDF

2023 EUR to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the EUR to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 3073.7382. Conversely, the yearly low was recorded on January 5, dropping to 2148.7501.

This high-to-low spread represents a total annual volatility of 924.9881 CDF. From a start-to-finish perspective, comparing the January average rate of 2210.2173 to the December average rate of 2974.0135, the exchange rate registered a net change of 34.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3073.7382 was up 33.24% compared to the 2022 peak of 2307.0045, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,368,691 CDF

2022 Average 10,639,279 CDF

Yearly Trough Low 10,743,751 CDF

Transaction Impact: A difference of 4,624,940.34 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3050.6785

2130.6984

JanuMarcMayJulySeptNove

EUR 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 2310.0151, compared to 2745.2165 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 435.2014 points.

H1 Avg (Jan–Jun) 2310.0151

H2 Avg (Jul–Dec) 2745.2165

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 335.8575 CDF (High: 2966.1212 / Low: 2630.2636). On the other end, September was the most stable month, with a tight range of 68.0964 CDF (High: 2684.2517 / Low: 2616.1553).

November Spread (Volatile) ±335.8575

September Spread (Stable) ±68.0964

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 49.2988 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -49.2988

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 2974.0135) against the same month in 2022 (average: 2167.4215), the exchange rate shifted by +806.5920 (+37.21%).

2023 Avg (December) 2974.0135

2022 Avg (December) 2167.4215

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2251.4515	2148.7501	2210.2173
February	2261.6592	2164.5732	2207.3634
March	2266.2304	2172.9775	2215.9025
April	2413.0562	2223.4901	2287.2147
May	2508.4317	2219.5330	2379.7205
June	2630.8608	2489.4104	2559.6722
July	2824.8901	2629.4313	2730.5478
August	2736.3304	2667.9269	2701.5760
September	2684.2517	2616.1553	2652.2772
October	2745.6266	2596.3087	2660.8106
November	2966.1212	2630.2636	2752.0738
December	3073.7382	2878.8143	2974.0135