2023 SCR to XOF Historical Review

YEARLY HIGH

48.7261 XOF

YEARLY LOW

41.5826 XOF

YEARLY AVERAGE

45.1328 XOF

2023 SCR to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SCR to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 48.7261. Conversely, the yearly low was recorded on July 21, dropping to 41.5826.

This high-to-low spread represents a total annual volatility of 7.1436 XOF. From a start-to-finish perspective, comparing the January average rate of 44.9333 to the December average rate of 44.7205, the exchange rate registered a net change of -0.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 48.7261 was down 7.39% compared to the 2022 peak of 52.6139, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 243,631 XOF

2022 Average 230,559 XOF

Yearly Trough Low 207,913 XOF

Transaction Impact: A difference of 35,717.90 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

47.0194

43.9025

JanuMarcMayJulySeptNove

SCR 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 44.7910, compared to 45.4746 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6835 points.

H1 Avg (Jan–Jun) 44.7910

H2 Avg (Jul–Dec) 45.4746

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 5.3497 XOF (High: 47.6362 / Low: 42.2865). On the other end, August was the most stable month, with a tight range of 1.7319 XOF (High: 45.7578 / Low: 44.0260).

February Spread (Volatile) ±5.3497

August Spread (Stable) ±1.7319

Growth Streaks & Declines

Trends

Between June and September, 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 1.3078 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.3078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 46.6026) against the same month in 2022 (average: 49.9625), the exchange rate shifted by -3.3599 (-6.72%).

2023 Avg (October) 46.6026

2022 Avg (October) 49.9625

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	47.6174	42.5634	44.9333
February	47.6362	42.2865	45.2606
March	47.2661	43.3310	45.5062
April	46.2792	42.5007	44.1984
May	46.5585	42.0063	44.6854
June	46.5000	42.2715	44.1623
July	46.1523	41.5826	44.4069
August	45.7578	44.0260	44.9641
September	48.3863	45.0448	46.7597
October	48.7261	44.9305	46.6026
November	47.0393	43.4284	45.3937
December	47.1821	42.4924	44.7205