2023 XAF to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 XAF to IDR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the XAF to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 26.0871. Conversely, the yearly low was recorded on June 5, dropping to 24.2572.
This high-to-low spread represents a total annual volatility of 1.8298 IDR. From a start-to-finish perspective, comparing the January average rate of 25.0649 to the December average rate of 25.7825, the exchange rate registered a net change of 2.86% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 26.0871 was up 1.93% compared to the 2022 peak of 25.5926, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 XAF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
XAF to IDR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 24.8403, compared to 25.4453 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6050 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was October, with a trading range of 1.0412 IDR (High: 25.8720 / Low: 24.8307). On the other end, September was the most stable month, with a tight range of 0.2909 IDR (High: 25.1758 / Low: 24.8849).
Growth Streaks & Declines
TrendsBetween May and August, 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 0.3617 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 25.7825) against the same month in 2022 (average: 25.1502), the exchange rate shifted by +0.6322 (+2.51%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.5042 | 24.8150 | 25.0649 |
| February | 25.0090 | 24.5590 | 24.7427 |
| March | 25.2901 | 24.7454 | 24.9867 |
| April | 25.2665 | 24.6168 | 24.9133 |
| May | 25.0800 | 24.4056 | 24.6233 |
| June | 25.0512 | 24.2572 | 24.7107 |
| July | 25.7161 | 24.9186 | 25.3873 |
| August | 25.5950 | 25.0995 | 25.3911 |
| September | 25.1758 | 24.8849 | 25.0294 |
| October | 25.8720 | 24.8307 | 25.3858 |
| November | 25.9906 | 25.4554 | 25.6956 |
| December | 26.0871 | 25.4479 | 25.7825 |