2023 SRD to XOF Historical Review

YEARLY HIGH

19.7316 XOF

YEARLY LOW

15.2218 XOF

YEARLY AVERAGE

16.6347 XOF

2023 SRD to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 19.7316. Conversely, the yearly low was recorded on July 19, dropping to 15.2218.

This high-to-low spread represents a total annual volatility of 4.5098 XOF. From a start-to-finish perspective, comparing the January average rate of 19.1153 to the December average rate of 16.0734, the exchange rate registered a net change of -15.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 19.7316 was down 34.71% compared to the 2022 peak of 30.2217, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 98,658 XOF

2022 Average 131,269 XOF

Yearly Trough Low 76,109 XOF

Transaction Impact: A difference of 22,549.25 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

19.4651

15.2667

JanuMarcMayJulySeptNove

SRD 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 17.3236, compared to 15.9458 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3779 points.

H1 Avg (Jan–Jun) 17.3236

H2 Avg (Jul–Dec) 15.9458

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.8102 XOF (High: 18.5314 / Low: 16.7212). On the other end, October was the most stable month, with a tight range of 0.2642 XOF (High: 16.4087 / Low: 16.1445).

March Spread (Volatile) ±1.8102

October Spread (Stable) ±0.2642

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 1.4737 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.4737

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 19.1153) against the same month in 2022 (average: 27.3896), the exchange rate shifted by -8.2744 (-30.21%).

2023 Avg (January) 19.1153

2022 Avg (January) 27.3896

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.7316	18.6042	19.1153
February	19.0288	18.2411	18.6866
March	18.5314	16.7212	17.7094
April	16.8213	15.8023	16.2357
May	16.4630	15.6881	16.1478
June	16.4295	15.6226	16.0470
July	16.2909	15.2218	15.6166
August	15.9133	15.4532	15.7102
September	16.3395	15.7490	16.0395
October	16.4087	16.1445	16.2741
November	16.2606	15.7238	15.9608
December	16.2557	15.8980	16.0734