YEARLY HIGH
0.0227 BWP
YEARLY LOW
0.0205 BWP
YEARLY AVERAGE
0.0220 BWP

2023 XAF to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0227. Conversely, the yearly low was recorded on January 5, dropping to 0.0205.

This high-to-low spread represents a total annual volatility of 0.0022 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0210 to the December average rate of 0.0225, the exchange rate registered a net change of 7.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0227 was up 7.89% compared to the 2022 peak of 0.0211, 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 114 BWP
2022 Average 99 BWP
Yearly Trough Low 103 BWP
Transaction Impact: A difference of 11.14 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0226
0.0209
JanuMarcMayJulySeptNove

XAF to BWP 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 0.0217, compared to 0.0223 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0217
H2 Avg (Jul–Dec) 0.0223

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0010 BWP (High: 0.0225 / Low: 0.0214). On the other end, October was the most stable month, with a tight range of 0.0005 BWP (High: 0.0224 / Low: 0.0219).

April Spread (Volatile) ±0.0010
October Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0225) against the same month in 2022 (average: 0.0208), the exchange rate shifted by +0.0017 (+8.04%).

2023 Avg (December) 0.0225
2022 Avg (December) 0.0208

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0213 0.0205 0.0210
February 0.0216 0.0210 0.0213
March 0.0220 0.0213 0.0216
April 0.0225 0.0214 0.0220
May 0.0226 0.0221 0.0223
June 0.0226 0.0220 0.0222
July 0.0227 0.0217 0.0223
August 0.0227 0.0222 0.0224
September 0.0224 0.0220 0.0222
October 0.0224 0.0219 0.0221
November 0.0227 0.0219 0.0223
December 0.0227 0.0223 0.0225