YEARLY HIGH
0.0023 BND
YEARLY LOW
0.0021 BND
YEARLY AVERAGE
0.0022 BND

2023 XAF to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on July 12, valuing the pair at 0.0023. Conversely, the yearly low was recorded on January 5, dropping to 0.0021.

This high-to-low spread represents a total annual volatility of 0.0001 BND. From a start-to-finish perspective, comparing the January average rate of 0.0022 to the December average rate of 0.0022, the exchange rate registered a net change of 1.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0023 was down 3.54% compared to the 2022 peak of 0.0024, 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 11 BND
2022 Average 11 BND
Yearly Trough Low 11 BND
Transaction Impact: A difference of 0.62 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0023
0.0022
JanuMarcMayJulySeptNove

XAF to BND 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 0.0022, compared to 0.0022 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) 0.0022
H2 Avg (Jul–Dec) 0.0022

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0001 BND (High: 0.0023 / Low: 0.0022). On the other end, August was the most stable month, with a tight range of 0.0000 BND (High: 0.0023 / Low: 0.0022).

April Spread (Volatile) ±0.0001
August Spread (Stable) ±0.0000

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 0.0000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0022) against the same month in 2022 (average: 0.0022), the exchange rate shifted by +0.0001 (+3.80%).

2023 Avg (July) 0.0022
2022 Avg (July) 0.0022

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0022 0.0021 0.0022
February 0.0022 0.0022 0.0022
March 0.0022 0.0022 0.0022
April 0.0023 0.0022 0.0022
May 0.0023 0.0022 0.0022
June 0.0023 0.0022 0.0022
July 0.0023 0.0022 0.0022
August 0.0023 0.0022 0.0022
September 0.0022 0.0022 0.0022
October 0.0022 0.0022 0.0022
November 0.0023 0.0022 0.0022
December 0.0022 0.0022 0.0022