YEARLY HIGH
152.5765 XOF
YEARLY LOW
137.0173 XOF
YEARLY AVERAGE
144.4948 XOF

2023 PLN to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 152.5765. Conversely, the yearly low was recorded on February 13, dropping to 137.0173.

This high-to-low spread represents a total annual volatility of 15.5592 XOF. From a start-to-finish perspective, comparing the January average rate of 140.2978 to the December average rate of 151.4151, the exchange rate registered a net change of 7.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 152.5765 was up 4.57% compared to the 2022 peak of 145.9148, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 3,051,530 XOF
2022 Average 2,801,080 XOF
Yearly Trough Low 2,740,345 XOF
Transaction Impact: A difference of 311,184.69 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

152.7297
136.9544
JanuMarcMayJulySeptNove

PLN 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 141.7911, compared to 147.1986 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.4075 points.

H1 Avg (Jan–Jun) 141.7911
H2 Avg (Jul–Dec) 147.1986

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 7.0068 XOF (High: 145.7568 / Low: 138.7500). On the other end, August was the most stable month, with a tight range of 1.7052 XOF (High: 148.2132 / Low: 146.5079).

January Spread (Volatile) ±7.0068
August Spread (Stable) ±1.7052

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 4.5396 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -4.5396

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 151.4151) against the same month in 2022 (average: 140.1160), the exchange rate shifted by +11.2991 (+8.06%).

2023 Avg (December) 151.4151
2022 Avg (December) 140.1160

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 145.7568 138.7500 140.2978
February 140.0396 137.0173 138.2690
March 140.3961 138.0899 139.7201
April 143.3689 139.0917 141.0866
May 146.1443 140.8886 144.2980
June 148.2846 145.1978 147.0752
July 148.9146 146.2953 147.6007
August 148.2132 146.5079 147.1211
September 146.6660 140.7577 142.5815
October 148.3592 141.6756 145.4446
November 151.8349 146.7778 149.0284
December 152.5765 150.7132 151.4151