2023 XAF to PHP Historical Review

YEARLY HIGH

0.0946 PHP

YEARLY LOW

0.0883 PHP

YEARLY AVERAGE

0.0918 PHP

2023 XAF to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 30, valuing the pair at 0.0946. Conversely, the yearly low was recorded on February 5, dropping to 0.0883.

This high-to-low spread represents a total annual volatility of 0.0063 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0903 to the December average rate of 0.0925, the exchange rate registered a net change of 2.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0946 was up 3.84% compared to the 2022 peak of 0.0911, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 473 PHP

2022 Average 437 PHP

Yearly Trough Low 441 PHP

Transaction Impact: A difference of 31.68 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0941

0.0890

JanuMarcMayJulySeptNove

XAF to PHP 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 0.0911, compared to 0.0924 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0911

H2 Avg (Jul–Dec) 0.0924

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0051 PHP (High: 0.0945 / Low: 0.0894). On the other end, January was the most stable month, with a tight range of 0.0015 PHP (High: 0.0911 / Low: 0.0896).

April Spread (Volatile) ±0.0051

January Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0012 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0936) against the same month in 2022 (average: 0.0861), the exchange rate shifted by +0.0075 (+8.71%).

2023 Avg (August) 0.0936

2022 Avg (August) 0.0861

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0911	0.0896	0.0903
February	0.0908	0.0883	0.0895
March	0.0903	0.0884	0.0894
April	0.0945	0.0894	0.0926
May	0.0946	0.0913	0.0925
June	0.0932	0.0914	0.0923
July	0.0933	0.0917	0.0926
August	0.0946	0.0921	0.0936
September	0.0934	0.0912	0.0925
October	0.0922	0.0907	0.0915
November	0.0931	0.0910	0.0919
December	0.0941	0.0908	0.0925

2023 XAF నుండి PHP చారిత్రక సమీక్ష