YEARLY HIGH
0.0369 XAF
YEARLY LOW
0.0287 XAF
YEARLY AVERAGE
0.0327 XAF

2023 LAK to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LAK to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0369. Conversely, the yearly low was recorded on December 27, dropping to 0.0287.

This high-to-low spread represents a total annual volatility of 0.0082 XAF. From a start-to-finish perspective, comparing the January average rate of 0.0358 to the December average rate of 0.0291, the exchange rate registered a net change of -18.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0369 was down 30.09% compared to the 2022 peak of 0.0528, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 184 XAF
2022 Average 223 XAF
Yearly Trough Low 144 XAF
Transaction Impact: A difference of 40.85 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0370
0.0284
JanuMarcMayJulySeptNove

LAK 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 0.0351, compared to 0.0302 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 0.0351
H2 Avg (Jul–Dec) 0.0302

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0027 XAF (High: 0.0344 / Low: 0.0317). On the other end, December was the most stable month, with a tight range of 0.0007 XAF (High: 0.0294 / Low: 0.0287).

June Spread (Volatile) ±0.0027
December Spread (Stable) ±0.0007

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 June and July, when the average rate fell by 0.0019 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0363) against the same month in 2022 (average: 0.0517), the exchange rate shifted by -0.0154 (-29.77%).

2023 Avg (March) 0.0363
2022 Avg (March) 0.0517

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0361 0.0354 0.0358
February 0.0369 0.0354 0.0363
March 0.0369 0.0355 0.0363
April 0.0358 0.0340 0.0348
May 0.0347 0.0335 0.0344
June 0.0344 0.0317 0.0329
July 0.0320 0.0305 0.0311
August 0.0314 0.0305 0.0309
September 0.0311 0.0303 0.0308
October 0.0307 0.0297 0.0301
November 0.0299 0.0288 0.0293
December 0.0294 0.0287 0.0291