YEARLY HIGH
48.4057 XPF
YEARLY LOW
45.1187 XPF
YEARLY AVERAGE
46.6916 XPF

2023 TOP to XPF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TOP to XPF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 48.4057. Conversely, the yearly low was recorded on July 14, dropping to 45.1187.

This high-to-low spread represents a total annual volatility of 3.2870 XPF. From a start-to-finish perspective, comparing the January average rate of 47.4876 to the December average rate of 46.4927, the exchange rate registered a net change of -2.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 48.4057 was down 5.79% compared to the 2022 peak of 51.3808, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 242,029 XPF
2022 Average 243,343 XPF
Yearly Trough Low 225,594 XPF
Transaction Impact: A difference of 16,435.18 XPF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

47.8849
45.7843
JanuMarcMayJulySeptNove

TOP to XPF 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 46.9557, compared to 46.4275 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5282 points.

H1 Avg (Jan–Jun) 46.9557
H2 Avg (Jul–Dec) 46.4275

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 1.9164 XPF (High: 47.0836 / Low: 45.1671). On the other end, August was the most stable month, with a tight range of 0.6174 XPF (High: 46.2910 / Low: 45.6736).

May Spread (Volatile) ±1.9164
August Spread (Stable) ±0.6174

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 1.0737 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.0737

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 47.4876) against the same month in 2022 (average: 46.3218), the exchange rate shifted by +1.1658 (+2.52%).

2023 Avg (January) 47.4876
2022 Avg (January) 46.3218

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 48.4057 47.0983 47.4876
February 48.0581 46.7914 47.7098
March 47.9324 46.4790 47.2212
April 46.9860 45.3752 46.1475
May 47.0836 45.1671 46.5000
June 47.1397 46.1435 46.6684
July 46.7052 45.1187 45.9594
August 46.2910 45.6736 45.9920
September 47.4946 46.3455 46.7369
October 47.6553 46.4902 47.1131
November 46.8607 45.7580 46.2711
December 46.9847 46.0098 46.4927