2023 XAF to EGP Historical Review

YEARLY HIGH

0.0529 EGP

YEARLY LOW

0.0398 EGP

YEARLY AVERAGE

0.0506 EGP

2023 XAF to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.0529. Conversely, the yearly low was recorded on January 3, dropping to 0.0398.

This high-to-low spread represents a total annual volatility of 0.0131 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0471 to the December average rate of 0.0515, the exchange rate registered a net change of 9.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0529 was up 30.97% compared to the 2022 peak of 0.0404, 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 265 EGP

2022 Average 154 EGP

Yearly Trough Low 199 EGP

Transaction Impact: A difference of 65.54 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0526

0.0466

JanuMarcMayJulySeptNove

XAF to EGP 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 0.0502, compared to 0.0510 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0502

H2 Avg (Jul–Dec) 0.0510

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0101 EGP (High: 0.0500 / Low: 0.0398). On the other end, October was the most stable month, with a tight range of 0.0009 EGP (High: 0.0503 / Low: 0.0493).

January Spread (Volatile) ±0.0101

October Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0521) against the same month in 2022 (average: 0.0294), the exchange rate shifted by +0.0227 (+77.26%).

2023 Avg (July) 0.0521

2022 Avg (July) 0.0294

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0500	0.0398	0.0471
February	0.0507	0.0493	0.0497
March	0.0514	0.0494	0.0503
April	0.0521	0.0509	0.0517
May	0.0522	0.0504	0.0512
June	0.0518	0.0503	0.0511
July	0.0529	0.0511	0.0521
August	0.0520	0.0509	0.0514
September	0.0508	0.0495	0.0503
October	0.0503	0.0493	0.0498
November	0.0519	0.0499	0.0510
December	0.0522	0.0507	0.0515