2023 XAF to HKD Historical Review

YEARLY HIGH

0.0134 HKD

YEARLY LOW

0.0125 HKD

YEARLY AVERAGE

0.0129 HKD

2023 XAF to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 0.0134. Conversely, the yearly low was recorded on October 3, dropping to 0.0125.

This high-to-low spread represents a total annual volatility of 0.0009 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0129 to the December average rate of 0.0130, the exchange rate registered a net change of 1.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0134 was down 1.37% compared to the 2022 peak of 0.0136, 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 67 HKD

2022 Average 63 HKD

Yearly Trough Low 63 HKD

Transaction Impact: A difference of 4.57 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0132

0.0125

JanuMarcMayJulySeptNove

XAF to HKD 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 0.0129, compared to 0.0129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0129

H2 Avg (Jul–Dec) 0.0129

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0006 HKD (High: 0.0134 / Low: 0.0128). On the other end, August was the most stable month, with a tight range of 0.0002 HKD (High: 0.0131 / Low: 0.0129).

May Spread (Volatile) ±0.0006

August Spread (Stable) ±0.0002

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 August and September, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0130) against the same month in 2022 (average: 0.0127), the exchange rate shifted by +0.0003 (+2.72%).

2023 Avg (May) 0.0130

2022 Avg (May) 0.0127

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0130	0.0125	0.0129
February	0.0132	0.0126	0.0128
March	0.0130	0.0126	0.0128
April	0.0133	0.0129	0.0131
May	0.0134	0.0128	0.0130
June	0.0131	0.0128	0.0129
July	0.0134	0.0129	0.0132
August	0.0131	0.0129	0.0130
September	0.0129	0.0125	0.0127
October	0.0127	0.0125	0.0126
November	0.0131	0.0126	0.0129
December	0.0132	0.0128	0.0130