2023 XAF to KRW Historical Review

YEARLY HIGH

2.2700 KRW

YEARLY LOW

2.0283 KRW

YEARLY AVERAGE

2.1548 KRW

2023 XAF to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 2.2700. Conversely, the yearly low was recorded on January 9, dropping to 2.0283.

This high-to-low spread represents a total annual volatility of 0.2417 KRW. From a start-to-finish perspective, comparing the January average rate of 2.0433 to the December average rate of 2.1671, the exchange rate registered a net change of 6.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.2700 was up 4.26% compared to the 2022 peak of 2.1773, 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 11,350 KRW

2022 Average 10,349 KRW

Yearly Trough Low 10,142 KRW

Transaction Impact: A difference of 1,208.52 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.2310

2.0263

JanuMarcMayJulySeptNove

XAF to KRW 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 2.1369, compared to 2.1727 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0359 points.

H1 Avg (Jan–Jun) 2.1369

H2 Avg (Jul–Dec) 2.1727

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.1181 KRW (High: 2.2700 / Low: 2.1520). On the other end, October was the most stable month, with a tight range of 0.0251 KRW (High: 2.1900 / Low: 2.1649).

April Spread (Volatile) ±0.1181

October Spread (Stable) ±0.0251

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 May and June, when the average rate fell by 0.0610 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0610

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 2.2140) against the same month in 2022 (average: 2.0377), the exchange rate shifted by +0.1762 (+8.65%).

2023 Avg (April) 2.2140

2022 Avg (April) 2.0377

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0673	2.0283	2.0433
February	2.1329	2.0369	2.0877
March	2.1645	2.0990	2.1318
April	2.2700	2.1520	2.2140
May	2.2537	2.1555	2.2027
June	2.1926	2.0856	2.1417
July	2.1906	2.1400	2.1662
August	2.2278	2.1624	2.2014
September	2.1831	2.1532	2.1714
October	2.1900	2.1649	2.1750
November	2.1915	2.1222	2.1553
December	2.1943	2.1452	2.1671