2023 SAR to XOF Historical Review

YEARLY HIGH

167.0513 XOF

YEARLY LOW

155.5203 XOF

YEARLY AVERAGE

161.5902 XOF

2023 SAR to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 167.0513. Conversely, the yearly low was recorded on July 14, dropping to 155.5203.

This high-to-low spread represents a total annual volatility of 11.5309 XOF. From a start-to-finish perspective, comparing the January average rate of 161.8915 to the December average rate of 160.1066, the exchange rate registered a net change of -1.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 167.0513 was down 8.07% compared to the 2022 peak of 181.7223, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 835,256 XOF

2022 Average 830,701 XOF

Yearly Trough Low 777,602 XOF

Transaction Impact: A difference of 57,654.71 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

166.2575

157.4270

JanuMarcMayJulySeptNove

SAR 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 161.5912, compared to 161.5892 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 161.5912

H2 Avg (Jul–Dec) 161.5892

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 7.5397 XOF (High: 163.5270 / Low: 155.9873). On the other end, October was the most stable month, with a tight range of 3.1760 XOF (High: 167.0513 / Low: 163.8753).

May Spread (Volatile) ±7.5397

October Spread (Stable) ±3.1760

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 3.9113 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -3.9113

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 165.5217) against the same month in 2022 (average: 177.4635), the exchange rate shifted by -11.9418 (-6.73%).

2023 Avg (October) 165.5217

2022 Avg (October) 177.4635

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	165.8950	159.9965	161.8915
February	165.6604	158.7347	163.3880
March	165.6593	160.2663	163.0516
April	161.7635	157.1669	159.1402
May	163.5270	155.9873	160.7793
June	163.5167	159.0798	161.2969
July	161.1573	155.5203	158.1629
August	161.9902	158.5827	160.2894
September	166.4770	162.0693	163.7877
October	167.0513	163.8753	165.5217
November	165.1717	158.9310	161.6672
December	162.4733	157.4742	160.1066