2023 STD to XOF Historical Review

YEARLY HIGH

0.0281 XOF

YEARLY LOW

0.0256 XOF

YEARLY AVERAGE

0.0268 XOF

2023 STD to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the STD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.0281. Conversely, the yearly low was recorded on July 14, dropping to 0.0256.

This high-to-low spread represents a total annual volatility of 0.0026 XOF. From a start-to-finish perspective, comparing the January average rate of 0.0266 to the December average rate of 0.0270, the exchange rate registered a net change of 1.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0281 was down 6.55% compared to the 2022 peak of 0.0301, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 141 XOF

2022 Average 141 XOF

Yearly Trough Low 128 XOF

Transaction Impact: A difference of 12.79 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0280

0.0259

JanuMarcMayJulySeptNove

STD 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 0.0266, compared to 0.0271 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0266

H2 Avg (Jul–Dec) 0.0271

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0012 XOF (High: 0.0269 / Low: 0.0256). On the other end, October was the most stable month, with a tight range of 0.0005 XOF (High: 0.0281 / Low: 0.0276).

May Spread (Volatile) ±0.0012

October Spread (Stable) ±0.0005

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 0.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0279) against the same month in 2022 (average: 0.0291), the exchange rate shifted by -0.0013 (-4.33%).

2023 Avg (October) 0.0279

2022 Avg (October) 0.0291

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0273	0.0263	0.0266
February	0.0272	0.0261	0.0269
March	0.0272	0.0264	0.0268
April	0.0266	0.0258	0.0262
May	0.0269	0.0256	0.0264
June	0.0269	0.0261	0.0265
July	0.0268	0.0256	0.0261
August	0.0273	0.0267	0.0270
September	0.0280	0.0273	0.0276
October	0.0281	0.0276	0.0279
November	0.0278	0.0268	0.0272
December	0.0273	0.0265	0.0270