2023 NAD to XAF Historical Review

YEARLY HIGH

36.9165 XAF

YEARLY LOW

30.3260 XAF

YEARLY AVERAGE

32.8100 XAF

2023 NAD to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 36.9165. Conversely, the yearly low was recorded on August 14, dropping to 30.3260.

This high-to-low spread represents a total annual volatility of 6.5905 XAF. From a start-to-finish perspective, comparing the January average rate of 35.6081 to the December average rate of 32.1448, the exchange rate registered a net change of -9.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 36.9165 was down 11.97% compared to the 2022 peak of 41.9365, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 184,583 XAF

2022 Average 191,608 XAF

Yearly Trough Low 151,630 XAF

Transaction Impact: A difference of 32,952.65 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

36.0086

31.2030

JanuMarcMayJulySeptNove

NAD 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 33.3590, compared to 32.2610 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0980 points.

H1 Avg (Jan–Jun) 33.3590

H2 Avg (Jul–Dec) 32.2610

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 3.0120 XAF (High: 33.6298 / Low: 30.6178). On the other end, March was the most stable month, with a tight range of 0.9267 XAF (High: 33.9749 / Low: 33.0482).

November Spread (Volatile) ±3.0120

March Spread (Stable) ±0.9267

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.3138 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.3138

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 35.6081) against the same month in 2022 (average: 37.3834), the exchange rate shifted by -1.7752 (-4.75%).

2023 Avg (January) 35.6081

2022 Avg (January) 37.3834

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	36.9165	34.8819	35.6081
February	35.8583	33.5653	34.2943
March	33.9749	33.0482	33.4964
April	34.2422	32.2127	32.8461
May	32.5533	31.0036	31.6035
June	33.0119	30.9121	32.3056
July	33.8532	31.7209	32.5264
August	32.7904	30.3260	31.9119
September	33.0309	31.7880	32.3778
October	33.1122	30.7212	32.2553
November	33.6298	30.6178	32.3499
December	32.9361	31.2564	32.1448