2023 XAF to CNY Historical Review

YEARLY HIGH

0.0123 CNY

YEARLY LOW

0.0110 CNY

YEARLY AVERAGE

0.0117 CNY

2023 XAF to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 0.0123. Conversely, the yearly low was recorded on January 5, dropping to 0.0110.

This high-to-low spread represents a total annual volatility of 0.0013 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0112 to the December average rate of 0.0119, the exchange rate registered a net change of 6.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0123 was up 8.37% compared to the 2022 peak of 0.0114, 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 62 CNY

2022 Average 54 CNY

Yearly Trough Low 55 CNY

Transaction Impact: A difference of 6.53 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0122

0.0111

JanuMarcMayJulySeptNove

XAF to CNY 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 0.0114, compared to 0.0119 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0114

H2 Avg (Jul–Dec) 0.0119

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0005 CNY (High: 0.0121 / Low: 0.0116). On the other end, February was the most stable month, with a tight range of 0.0002 CNY (High: 0.0113 / Low: 0.0111).

June Spread (Volatile) ±0.0005

February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 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 5 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0121) against the same month in 2022 (average: 0.0105), the exchange rate shifted by +0.0016 (+15.76%).

2023 Avg (July) 0.0121

2022 Avg (July) 0.0105

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0113	0.0110	0.0112
February	0.0113	0.0111	0.0112
March	0.0114	0.0111	0.0113
April	0.0117	0.0113	0.0115
May	0.0118	0.0115	0.0116
June	0.0121	0.0116	0.0118
July	0.0123	0.0119	0.0121
August	0.0121	0.0119	0.0120
September	0.0120	0.0117	0.0119
October	0.0119	0.0115	0.0117
November	0.0120	0.0117	0.0119
December	0.0121	0.0117	0.0119