2023 FJD to XOF Historical Review

YEARLY HIGH

282.0719 XOF

YEARLY LOW

262.3073 XOF

YEARLY AVERAGE

271.9300 XOF

2023 FJD to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the FJD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 282.0719. Conversely, the yearly low was recorded on August 18, dropping to 262.3073.

This high-to-low spread represents a total annual volatility of 19.7646 XOF. From a start-to-finish perspective, comparing the January average rate of 279.1965 to the December average rate of 271.0851, the exchange rate registered a net change of -2.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 282.0719 was down 6.64% compared to the 2022 peak of 302.1476, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,410,359 XOF

2022 Average 1,424,455 XOF

Yearly Trough Low 1,311,537 XOF

Transaction Impact: A difference of 98,822.91 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

280.6608

265.2299

JanuMarcMayJulySeptNove

FJD to XOF 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 274.5226, compared to 269.3375 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.1851 points.

H1 Avg (Jan–Jun) 274.5226

H2 Avg (Jul–Dec) 269.3375

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 9.5516 XOF (High: 272.0578 / Low: 262.5062). On the other end, December was the most stable month, with a tight range of 3.7028 XOF (High: 272.3011 / Low: 268.5983).

November Spread (Volatile) ±9.5516

December Spread (Stable) ±3.7028

Growth Streaks & Declines

Trends

Between 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 March and April, when the average rate fell by 6.2866 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -6.2866

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 279.1965) against the same month in 2022 (average: 272.0061), the exchange rate shifted by +7.1904 (+2.64%).

2023 Avg (January) 279.1965

2022 Avg (January) 272.0061

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	282.0719	275.6696	279.1965
February	280.8262	274.9356	279.3749
March	279.5497	272.6757	276.0212
April	274.0243	265.1643	269.7345
May	273.9017	265.1962	271.0149
June	274.8184	265.6740	271.7935
July	271.4346	263.2557	267.4682
August	268.7555	262.3073	266.5158
September	273.8774	268.8874	270.4966
October	274.9534	269.3055	272.1347
November	272.0578	262.5062	268.3247
December	272.3011	268.5983	271.0851