YEARLY HIGH
39.1218 STD
YEARLY LOW
35.5632 STD
YEARLY AVERAGE
37.2778 STD

2023 XAF to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 39.1218. Conversely, the yearly low was recorded on October 3, dropping to 35.5632.

This high-to-low spread represents a total annual volatility of 3.5586 STD. From a start-to-finish perspective, comparing the January average rate of 37.5366 to the December average rate of 37.1052, the exchange rate registered a net change of -1.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 39.1218 was up 3.39% compared to the 2022 peak of 37.8397, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 195,609 STD
2022 Average 177,898 STD
Yearly Trough Low 177,816 STD
Transaction Impact: A difference of 17,793.11 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

38.6077
35.6432
JanuMarcMayJulySeptNove

XAF to STD 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 37.6477, compared to 36.9078 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7399 points.

H1 Avg (Jan–Jun) 37.6477
H2 Avg (Jul–Dec) 36.9078

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 1.7955 STD (High: 39.0073 / Low: 37.2119). On the other end, October was the most stable month, with a tight range of 0.6833 STD (High: 36.2465 / Low: 35.5632).

May Spread (Volatile) ±1.7955
October Spread (Stable) ±0.6833

Growth Streaks & Declines

Trends

Between February and April, 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 July and August, when the average rate fell by 1.3008 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.3008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 38.3607) against the same month in 2022 (average: 34.6309), the exchange rate shifted by +3.7298 (+10.77%).

2023 Avg (July) 38.3607
2022 Avg (July) 34.6309

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 37.9978 36.6051 37.5366
February 38.3188 36.7206 37.2392
March 37.9420 36.7045 37.2834
April 38.7181 37.5942 38.2363
May 39.0073 37.2119 37.8580
June 38.2455 37.2196 37.7328
July 39.1218 37.3542 38.3607
August 37.4533 36.6688 37.0598
September 36.6564 35.6848 36.2735
October 36.2465 35.5632 35.8902
November 37.3795 35.9599 36.7573
December 37.7336 36.5678 37.1052