2023 XAF to AFN Historical Review

YEARLY HIGH

0.1531 AFN

YEARLY LOW

0.1137 AFN

YEARLY AVERAGE

0.1365 AFN

2023 XAF to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 0.1531. Conversely, the yearly low was recorded on December 11, dropping to 0.1137.

This high-to-low spread represents a total annual volatility of 0.0394 AFN. From a start-to-finish perspective, comparing the January average rate of 0.1461 to the December average rate of 0.1165, the exchange rate registered a net change of -20.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1531 was down 16.65% compared to the 2022 peak of 0.1837, 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 765 AFN

2022 Average 724 AFN

Yearly Trough Low 569 AFN

Transaction Impact: A difference of 196.84 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1493

0.1135

JanuMarcMayJulySeptNove

XAF to AFN 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 0.1449, compared to 0.1282 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0166 points.

H1 Avg (Jan–Jun) 0.1449

H2 Avg (Jul–Dec) 0.1282

Volatility Range Comparison

Volatility

The most volatile month in 2023 was September, with a trading range of 0.0141 AFN (High: 0.1340 / Low: 0.1199). On the other end, March was the most stable month, with a tight range of 0.0039 AFN (High: 0.1452 / Low: 0.1412).

September Spread (Volatile) ±0.0141

March Spread (Stable) ±0.0039

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0135 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0135

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.1451) against the same month in 2022 (average: 0.1442), the exchange rate shifted by +0.0009 (+0.63%).

2023 Avg (April) 0.1451

2022 Avg (April) 0.1442

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1488	0.1412	0.1461
February	0.1510	0.1420	0.1463
March	0.1452	0.1412	0.1431
April	0.1531	0.1424	0.1451
May	0.1487	0.1423	0.1451
June	0.1462	0.1404	0.1433
July	0.1493	0.1422	0.1460
August	0.1454	0.1342	0.1404
September	0.1340	0.1199	0.1269
October	0.1253	0.1186	0.1217
November	0.1215	0.1144	0.1179
December	0.1193	0.1137	0.1165