YEARLY HIGH
0.0866 XOF
YEARLY LOW
0.0802 XOF
YEARLY AVERAGE
0.0832 XOF

2023 PYG to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PYG to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0866. Conversely, the yearly low was recorded on November 28, dropping to 0.0802.

This high-to-low spread represents a total annual volatility of 0.0065 XOF. From a start-to-finish perspective, comparing the January average rate of 0.0824 to the December average rate of 0.0816, the exchange rate registered a net change of -1.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0866 was down 11.02% compared to the 2022 peak of 0.0974, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 433 XOF
2022 Average 447 XOF
Yearly Trough Low 401 XOF
Transaction Impact: A difference of 32.43 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0855
0.0812
JanuMarcMayJulySeptNove

PYG 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 0.0837, compared to 0.0827 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0837
H2 Avg (Jul–Dec) 0.0827

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0042 XOF (High: 0.0852 / Low: 0.0810). On the other end, August was the most stable month, with a tight range of 0.0018 XOF (High: 0.0835 / Low: 0.0816).

January Spread (Volatile) ±0.0042
August Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between January and March, 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 October and November, when the average rate fell by 0.0027 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0852) against the same month in 2022 (average: 0.0855), the exchange rate shifted by -0.0003 (-0.40%).

2023 Avg (March) 0.0852
2022 Avg (March) 0.0855

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0852 0.0810 0.0824
February 0.0851 0.0811 0.0840
March 0.0866 0.0839 0.0852
April 0.0851 0.0814 0.0834
May 0.0850 0.0816 0.0837
June 0.0850 0.0822 0.0834
July 0.0833 0.0802 0.0817
August 0.0835 0.0816 0.0827
September 0.0856 0.0835 0.0844
October 0.0859 0.0828 0.0842
November 0.0831 0.0802 0.0815
December 0.0828 0.0805 0.0816