2023 XAF to CRC Historical Review

YEARLY HIGH

0.9657 CRC

YEARLY LOW

0.8511 CRC

YEARLY AVERAGE

0.8936 CRC

2023 XAF to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.9657. Conversely, the yearly low was recorded on October 14, dropping to 0.8511.

This high-to-low spread represents a total annual volatility of 0.1146 CRC. From a start-to-finish perspective, comparing the January average rate of 0.9451 to the December average rate of 0.8745, the exchange rate registered a net change of -7.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9657 was down 14.08% compared to the 2022 peak of 1.1240, 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 4,829 CRC

2022 Average 5,183 CRC

Yearly Trough Low 4,256 CRC

Transaction Impact: A difference of 572.97 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9539

0.8479

JanuMarcMayJulySeptNove

XAF to CRC 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 0.9066, compared to 0.8807 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0260 points.

H1 Avg (Jan–Jun) 0.9066

H2 Avg (Jul–Dec) 0.8807

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0524 CRC (High: 0.9525 / Low: 0.9001). On the other end, October was the most stable month, with a tight range of 0.0157 CRC (High: 0.8669 / Low: 0.8511).

February Spread (Volatile) ±0.0524

October Spread (Stable) ±0.0157

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 February and March, when the average rate fell by 0.0309 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0309

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.9451) against the same month in 2022 (average: 1.1026), the exchange rate shifted by -0.1575 (-14.29%).

2023 Avg (January) 0.9451

2022 Avg (January) 1.1026

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9657	0.9145	0.9451
February	0.9525	0.9001	0.9221
March	0.9081	0.8718	0.8912
April	0.9085	0.8886	0.8972
May	0.9288	0.8776	0.8915
June	0.9054	0.8762	0.8927
July	0.9326	0.8964	0.9106
August	0.9146	0.8815	0.8952
September	0.8868	0.8607	0.8719
October	0.8669	0.8511	0.8567
November	0.8881	0.8565	0.8751
December	0.8818	0.8655	0.8745