2023 XAF to CVE Historical Review

YEARLY HIGH

0.1732 CVE

YEARLY LOW

0.1661 CVE

YEARLY AVERAGE

0.1684 CVE

2023 XAF to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.1732. Conversely, the yearly low was recorded on January 3, dropping to 0.1661.

This high-to-low spread represents a total annual volatility of 0.0072 CVE. From a start-to-finish perspective, comparing the January average rate of 0.1685 to the December average rate of 0.1685, the exchange rate registered a net change of -0.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1732 was down 1.64% compared to the 2022 peak of 0.1761, 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 866 CVE

2022 Average 843 CVE

Yearly Trough Low 830 CVE

Transaction Impact: A difference of 35.89 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1688

0.1681

JanuMarcMayJulySeptNove

XAF to CVE 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 0.1685, compared to 0.1683 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.1685

H2 Avg (Jul–Dec) 0.1683

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0055 CVE (High: 0.1732 / Low: 0.1677). On the other end, August was the most stable month, with a tight range of 0.0022 CVE (High: 0.1694 / Low: 0.1672).

December Spread (Volatile) ±0.0055

August Spread (Stable) ±0.0022

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 June and July, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.1685) against the same month in 2022 (average: 0.1686), the exchange rate shifted by -0.0001 (-0.06%).

2023 Avg (December) 0.1685

2022 Avg (December) 0.1686

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1704	0.1661	0.1685
February	0.1702	0.1662	0.1682
March	0.1694	0.1665	0.1684
April	0.1706	0.1667	0.1687
May	0.1715	0.1672	0.1686
June	0.1724	0.1677	0.1687
July	0.1709	0.1663	0.1683
August	0.1694	0.1672	0.1682
September	0.1689	0.1665	0.1681
October	0.1697	0.1668	0.1683
November	0.1718	0.1675	0.1687
December	0.1732	0.1677	0.1685