YEARLY HIGH
0.1863 BDT
YEARLY LOW
0.1662 BDT
YEARLY AVERAGE
0.1782 BDT

2023 XAF to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 0.1863. Conversely, the yearly low was recorded on January 3, dropping to 0.1662.

This high-to-low spread represents a total annual volatility of 0.0201 BDT. From a start-to-finish perspective, comparing the January average rate of 0.1724 to the December average rate of 0.1832, the exchange rate registered a net change of 6.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1863 was up 8.27% compared to the 2022 peak of 0.1721, 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 932 BDT
2022 Average 748 BDT
Yearly Trough Low 831 BDT
Transaction Impact: A difference of 100.48 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1843
0.1713
JanuMarcMayJulySeptNove

XAF to BDT 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 0.1755, compared to 0.1810 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 0.1755
H2 Avg (Jul–Dec) 0.1810

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0107 BDT (High: 0.1770 / Low: 0.1662). On the other end, October was the most stable month, with a tight range of 0.0032 BDT (High: 0.1793 / Low: 0.1760).

January Spread (Volatile) ±0.0107
October Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between May and July, 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 0.0030 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.1828) against the same month in 2022 (average: 0.1460), the exchange rate shifted by +0.0367 (+25.14%).

2023 Avg (July) 0.1828
2022 Avg (July) 0.1460

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1770 0.1662 0.1724
February 0.1786 0.1685 0.1735
March 0.1783 0.1693 0.1730
April 0.1803 0.1749 0.1778
May 0.1820 0.1748 0.1777
June 0.1813 0.1752 0.1786
July 0.1863 0.1788 0.1828
August 0.1834 0.1797 0.1817
September 0.1810 0.1768 0.1787
October 0.1793 0.1760 0.1775
November 0.1848 0.1778 0.1820
December 0.1861 0.1805 0.1832