YEARLY HIGH
0.1410 INR
YEARLY LOW
0.1318 INR
YEARLY AVERAGE
0.1362 INR

2023 XAF to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.1410. Conversely, the yearly low was recorded on March 8, dropping to 0.1318.

This high-to-low spread represents a total annual volatility of 0.0092 INR. From a start-to-finish perspective, comparing the January average rate of 0.1344 to the December average rate of 0.1386, the exchange rate registered a net change of 3.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1410 was up 4.19% compared to the 2022 peak of 0.1353, 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 705 INR
2022 Average 631 INR
Yearly Trough Low 659 INR
Transaction Impact: A difference of 45.98 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1391
0.1336
JanuMarcMayJulySeptNove

XAF to INR 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 0.1355, compared to 0.1369 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.1355
H2 Avg (Jul–Dec) 0.1369

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0055 INR (High: 0.1399 / Low: 0.1344). On the other end, October was the most stable month, with a tight range of 0.0022 INR (High: 0.1351 / Low: 0.1328).

November Spread (Volatile) ±0.0055
October Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between October and December, 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 0.0026 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.1386) against the same month in 2022 (average: 0.1332), the exchange rate shifted by +0.0054 (+4.09%).

2023 Avg (December) 0.1386
2022 Avg (December) 0.1332

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1357 0.1325 0.1344
February 0.1372 0.1332 0.1348
March 0.1367 0.1318 0.1343
April 0.1388 0.1354 0.1373
May 0.1397 0.1348 0.1365
June 0.1373 0.1344 0.1358
July 0.1408 0.1361 0.1386
August 0.1390 0.1358 0.1378
September 0.1361 0.1333 0.1352
October 0.1351 0.1328 0.1341
November 0.1399 0.1344 0.1374
December 0.1410 0.1368 0.1386