YEARLY HIGH
134.5206 XAF
YEARLY LOW
130.8350 XAF
YEARLY AVERAGE
132.5315 XAF

2023 RON to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RON to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 134.5206. Conversely, the yearly low was recorded on May 6, dropping to 130.8350.

This high-to-low spread represents a total annual volatility of 3.6855 XAF. From a start-to-finish perspective, comparing the January average rate of 133.1254 to the December average rate of 131.9460, the exchange rate registered a net change of -0.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 134.5206 was down 1.32% compared to the 2022 peak of 136.3176, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 672,603 XAF
2022 Average 665,211 XAF
Yearly Trough Low 654,175 XAF
Transaction Impact: A difference of 18,427.71 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

133.7890
131.7784
JanuMarcMayJulySeptNove

RON 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 132.8184, compared to 132.2446 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5737 points.

H1 Avg (Jan–Jun) 132.8184
H2 Avg (Jul–Dec) 132.2446

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 2.4789 XAF (High: 133.3139 / Low: 130.8350). On the other end, November was the most stable month, with a tight range of 0.4138 XAF (High: 132.1301 / Low: 131.7162).

May Spread (Volatile) ±2.4789
November Spread (Stable) ±0.4138

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.6556 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.6556

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 133.1254) against the same month in 2022 (average: 132.6545), the exchange rate shifted by +0.4710 (+0.36%).

2023 Avg (January) 133.1254
2022 Avg (January) 132.6545

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 134.5206 132.1974 133.1254
February 134.1037 132.7254 133.6214
March 133.5461 131.9008 133.0555
April 133.1211 131.4537 132.5452
May 133.3139 130.8350 132.3517
June 132.5585 132.0487 132.2109
July 133.3619 132.2089 132.7478
August 132.9883 132.3844 132.7150
September 132.6297 131.7532 132.0595
October 132.3492 131.7990 132.0494
November 132.1301 131.7162 131.9501
December 132.3949 131.6582 131.9460