YEARLY HIGH
0.4097 XAF
YEARLY LOW
0.0384 XAF
YEARLY AVERAGE
0.0756 XAF

2023 LBP to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.4097. Conversely, the yearly low was recorded on May 6, dropping to 0.0384.

This high-to-low spread represents a total annual volatility of 0.3713 XAF. From a start-to-finish perspective, comparing the January average rate of 0.4012 to the December average rate of 0.0399, the exchange rate registered a net change of -90.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4097 was down 9.07% compared to the 2022 peak of 0.4505, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,048 XAF
2022 Average 2,058 XAF
Yearly Trough Low 192 XAF
Transaction Impact: A difference of 1,856.51 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4373
0.0032
JanuMarcMayJulySeptNove

LBP 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 0.1110, compared to 0.0403 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0707 points.

H1 Avg (Jan–Jun) 0.1110
H2 Avg (Jul–Dec) 0.0403

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.3627 XAF (High: 0.4024 / Low: 0.0397). On the other end, October was the most stable month, with a tight range of 0.0008 XAF (High: 0.0417 / Low: 0.0409).

February Spread (Volatile) ±0.3627
October Spread (Stable) ±0.0008

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 January and February, when the average rate fell by 0.2965 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2965

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.4012) against the same month in 2022 (average: 0.3833), the exchange rate shifted by +0.0179 (+4.66%).

2023 Avg (January) 0.4012
2022 Avg (January) 0.3833

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4097 0.3958 0.4012
February 0.4024 0.0397 0.1046
March 0.0412 0.0398 0.0406
April 0.0403 0.0389 0.0395
May 0.0408 0.0384 0.0400
June 0.0407 0.0393 0.0400
July 0.0403 0.0387 0.0394
August 0.0405 0.0392 0.0399
September 0.0415 0.0403 0.0408
October 0.0417 0.0409 0.0413
November 0.0412 0.0397 0.0404
December 0.0405 0.0392 0.0399