YEARLY HIGH
92.2817 XOF
YEARLY LOW
85.9159 XOF
YEARLY AVERAGE
89.3481 XOF

2023 TTD to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TTD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 92.2817. Conversely, the yearly low was recorded on May 6, dropping to 85.9159.

This high-to-low spread represents a total annual volatility of 6.3659 XOF. From a start-to-finish perspective, comparing the January average rate of 89.5586 to the December average rate of 88.3402, the exchange rate registered a net change of -1.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 92.2817 was down 8.16% compared to the 2022 peak of 100.4825, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 461,409 XOF
2022 Average 459,481 XOF
Yearly Trough Low 429,579 XOF
Transaction Impact: A difference of 31,829.31 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

91.9341
87.0997
JanuMarcMayJulySeptNove

TTD 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 89.3690, compared to 89.3272 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0418 points.

H1 Avg (Jan–Jun) 89.3690
H2 Avg (Jul–Dec) 89.3272

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 4.4566 XOF (High: 90.3724 / Low: 85.9159). On the other end, August was the most stable month, with a tight range of 1.7525 XOF (High: 89.4569 / Low: 87.7044).

May Spread (Volatile) ±4.4566
August Spread (Stable) ±1.7525

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 2.2802 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.2802

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 91.5312) against the same month in 2022 (average: 98.3235), the exchange rate shifted by -6.7923 (-6.91%).

2023 Avg (October) 91.5312
2022 Avg (October) 98.3235

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 91.8933 88.3151 89.5586
February 91.6250 87.7739 90.2620
March 91.7773 88.6105 90.3122
April 89.6337 86.7558 88.0320
May 90.3724 85.9159 88.8704
June 90.5077 87.9539 89.1784
July 89.2187 85.9807 87.5026
August 89.4569 87.7044 88.6077
September 91.8955 89.4771 90.5777
October 92.2817 90.4991 91.5312
November 91.3900 87.9224 89.4038
December 89.6863 86.8132 88.3402