YEARLY HIGH
1.4316 XOF
YEARLY LOW
1.2872 XOF
YEARLY AVERAGE
1.3286 XOF

2023 KZT to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KZT to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 5, valuing the pair at 1.4316. Conversely, the yearly low was recorded on October 23, dropping to 1.2872.

This high-to-low spread represents a total annual volatility of 0.1444 XOF. From a start-to-finish perspective, comparing the January average rate of 1.3146 to the December average rate of 1.3079, the exchange rate registered a net change of -0.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.4316 was down 3.14% compared to the 2022 peak of 1.4779, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,158 XOF
2022 Average 6,765 XOF
Yearly Trough Low 6,436 XOF
Transaction Impact: A difference of 721.83 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.3634
1.2977
JanuMarcMayJulySeptNove

KZT 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 1.3421, compared to 1.3152 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0269 points.

H1 Avg (Jan–Jun) 1.3421
H2 Avg (Jul–Dec) 1.3152

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1328 XOF (High: 1.4316 / Low: 1.2988). On the other end, November was the most stable month, with a tight range of 0.0309 XOF (High: 1.3254 / Low: 1.2945).

March Spread (Volatile) ±0.1328
November Spread (Stable) ±0.0309

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0355 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0355

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 1.3576) against the same month in 2022 (average: 1.1835), the exchange rate shifted by +0.1740 (+14.71%).

2023 Avg (March) 1.3576
2022 Avg (March) 1.1835

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3440 1.3018 1.3146
February 1.3936 1.2934 1.3579
March 1.4316 1.2988 1.3576
April 1.3571 1.2923 1.3220
May 1.3777 1.3200 1.3517
June 1.3756 1.3227 1.3485
July 1.3559 1.3111 1.3328
August 1.3471 1.2947 1.3270
September 1.3288 1.2893 1.3111
October 1.3232 1.2872 1.3032
November 1.3254 1.2945 1.3089
December 1.3290 1.2924 1.3079