YEARLY HIGH
36.7643 XOF
YEARLY LOW
30.8261 XOF
YEARLY AVERAGE
32.8786 XOF

2023 LSL to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LSL to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 36.7643. Conversely, the yearly low was recorded on June 1, dropping to 30.8261.

This high-to-low spread represents a total annual volatility of 5.9382 XOF. From a start-to-finish perspective, comparing the January average rate of 35.5564 to the December average rate of 32.1700, the exchange rate registered a net change of -9.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 36.7643 was down 11.52% compared to the 2022 peak of 41.5512, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 183,821 XOF
2022 Average 190,974 XOF
Yearly Trough Low 154,130 XOF
Transaction Impact: A difference of 29,690.78 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

35.9441
31.2917
JanuMarcMayJulySeptNove

LSL 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 33.3725, compared to 32.3846 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9878 points.

H1 Avg (Jan–Jun) 33.3725
H2 Avg (Jul–Dec) 32.3846

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 2.4610 XOF (High: 33.9898 / Low: 31.5289). On the other end, October was the most stable month, with a tight range of 1.0617 XOF (High: 33.0387 / Low: 31.9771).

July Spread (Volatile) ±2.4610
October Spread (Stable) ±1.0617

Growth Streaks & Declines

Trends

Between August and November, 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 1.3104 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.3104

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 35.5564) against the same month in 2022 (average: 37.4304), the exchange rate shifted by -1.8740 (-5.01%).

2023 Avg (January) 35.5564
2022 Avg (January) 37.4304

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 36.7643 34.6406 35.5564
February 35.4038 33.5823 34.2459
March 34.0059 32.7134 33.5185
April 34.1967 32.2136 32.9187
May 32.5533 30.9617 31.6794
June 33.0021 30.8261 32.3159
July 33.9898 31.5289 32.5654
August 33.0755 30.8722 31.9874
September 33.0472 31.8176 32.4017
October 33.0387 31.9771 32.5812
November 33.6212 31.2764 32.6021
December 32.9709 31.2564 32.1700