YEARLY HIGH
0.0412 XAF
YEARLY LOW
0.0383 XAF
YEARLY AVERAGE
0.0398 XAF

2023 IDR to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IDR to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 0.0412. Conversely, the yearly low was recorded on December 28, dropping to 0.0383.

This high-to-low spread represents a total annual volatility of 0.0029 XAF. From a start-to-finish perspective, comparing the January average rate of 0.0399 to the December average rate of 0.0388, the exchange rate registered a net change of -2.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0412 was down 8.50% compared to the 2022 peak of 0.0451, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 412,248 XAF
2022 Average 420,074 XAF
Yearly Trough Low 383,332 XAF
Transaction Impact: A difference of 28,916.31 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0408
0.0386
JanuMarcMayJulySeptNove

IDR to XAF 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 0.0403, compared to 0.0393 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0403
H2 Avg (Jul–Dec) 0.0393

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0016 XAF (High: 0.0403 / Low: 0.0387). On the other end, September was the most stable month, with a tight range of 0.0005 XAF (High: 0.0402 / Low: 0.0397).

October Spread (Volatile) ±0.0016
September Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 0.0011 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.0405) against the same month in 2022 (average: 0.0422), the exchange rate shifted by -0.0017 (-4.13%).

2023 Avg (June) 0.0405
2022 Avg (June) 0.0422

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0403 0.0392 0.0399
February 0.0407 0.0400 0.0404
March 0.0404 0.0395 0.0400
April 0.0406 0.0396 0.0401
May 0.0410 0.0399 0.0406
June 0.0412 0.0399 0.0405
July 0.0401 0.0389 0.0394
August 0.0398 0.0391 0.0394
September 0.0402 0.0397 0.0400
October 0.0403 0.0387 0.0394
November 0.0393 0.0385 0.0389
December 0.0393 0.0383 0.0388