2023 IRR to XOF Historical Review

YEARLY HIGH

0.0149 XOF

YEARLY LOW

0.0138 XOF

YEARLY AVERAGE

0.0144 XOF

2023 IRR to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IRR to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0149. Conversely, the yearly low was recorded on July 14, dropping to 0.0138.

This high-to-low spread represents a total annual volatility of 0.0011 XOF. From a start-to-finish perspective, comparing the January average rate of 0.0145 to the December average rate of 0.0142, the exchange rate registered a net change of -1.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0149 was down 7.81% compared to the 2022 peak of 0.0161, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 74 XOF

2022 Average 74 XOF

Yearly Trough Low 69 XOF

Transaction Impact: A difference of 5.40 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0148

0.0140

JanuMarcMayJulySeptNove

IRR 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 0.0144, compared to 0.0143 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0144

H2 Avg (Jul–Dec) 0.0143

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0007 XOF (High: 0.0145 / Low: 0.0138). On the other end, October was the most stable month, with a tight range of 0.0003 XOF (High: 0.0148 / Low: 0.0145).

May Spread (Volatile) ±0.0007

October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between 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 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0145) against the same month in 2022 (average: 0.0137), the exchange rate shifted by +0.0008 (+5.77%).

2023 Avg (January) 0.0145

2022 Avg (January) 0.0137

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0149	0.0142	0.0145
February	0.0147	0.0141	0.0145
March	0.0147	0.0142	0.0145
April	0.0144	0.0140	0.0141
May	0.0145	0.0138	0.0143
June	0.0145	0.0141	0.0143
July	0.0143	0.0138	0.0140
August	0.0144	0.0141	0.0142
September	0.0148	0.0144	0.0145
October	0.0148	0.0145	0.0147
November	0.0147	0.0141	0.0143
December	0.0144	0.0140	0.0142