YEARLY HIGH
0.0034 BBD
YEARLY LOW
0.0032 BBD
YEARLY AVERAGE
0.0033 BBD

2023 XAF to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 0.0034. Conversely, the yearly low was recorded on October 3, dropping to 0.0032.

This high-to-low spread represents a total annual volatility of 0.0002 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0033 to the December average rate of 0.0033, the exchange rate registered a net change of 1.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0034 was down 1.86% compared to the 2022 peak of 0.0035, 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 17 BBD
2022 Average 16 BBD
Yearly Trough Low 16 BBD
Transaction Impact: A difference of 1.18 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0034
0.0032
JanuMarcMayJulySeptNove

XAF to BBD 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 0.0033, compared to 0.0033 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0033
H2 Avg (Jul–Dec) 0.0033

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0002 BBD (High: 0.0034 / Low: 0.0033). On the other end, October was the most stable month, with a tight range of 0.0001 BBD (High: 0.0033 / Low: 0.0032).

May Spread (Volatile) ±0.0002
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and April, 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 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0034) against the same month in 2022 (average: 0.0031), the exchange rate shifted by +0.0003 (+8.45%).

2023 Avg (July) 0.0034
2022 Avg (July) 0.0031

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0033 0.0032 0.0033
February 0.0034 0.0032 0.0033
March 0.0033 0.0032 0.0033
April 0.0034 0.0033 0.0034
May 0.0034 0.0033 0.0033
June 0.0034 0.0033 0.0033
July 0.0034 0.0033 0.0034
August 0.0034 0.0033 0.0033
September 0.0033 0.0032 0.0033
October 0.0033 0.0032 0.0032
November 0.0034 0.0032 0.0033
December 0.0034 0.0033 0.0033