2023 HTG to XAF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 HTG to XAF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the HTG to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 4.6735. Conversely, the yearly low was recorded on April 14, dropping to 3.7964.
This high-to-low spread represents a total annual volatility of 0.8771 XAF. From a start-to-finish perspective, comparing the January average rate of 4.0967 to the December average rate of 4.5418, the exchange rate registered a net change of 10.86% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 4.6735 was down 20.61% compared to the 2022 peak of 5.8869, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HTG based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
HTG to XAF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 4.0850, compared to 4.5031 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4181 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was May, with a trading range of 0.5337 XAF (High: 4.3829 / Low: 3.8492). On the other end, June was the most stable month, with a tight range of 0.1150 XAF (High: 4.4082 / Low: 4.2931).
Growth Streaks & Declines
TrendsBetween July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1369 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2023: 4.6344) against the same month in 2022 (average: 5.3639), the exchange rate shifted by -0.7295 (-13.60%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.2251 | 4.0355 | 4.0967 |
| February | 4.1523 | 3.9925 | 4.0814 |
| March | 4.0980 | 3.8805 | 3.9870 |
| April | 3.9254 | 3.7964 | 3.8501 |
| May | 4.3829 | 3.8492 | 4.1514 |
| June | 4.4082 | 4.2931 | 4.3434 |
| July | 4.3689 | 4.1998 | 4.3082 |
| August | 4.4858 | 4.3572 | 4.4175 |
| September | 4.6143 | 4.4836 | 4.5411 |
| October | 4.6735 | 4.5561 | 4.6344 |
| November | 4.6713 | 4.5062 | 4.5755 |
| December | 4.6078 | 4.4711 | 4.5418 |