YEARLY HIGH
0.7769 KZT
YEARLY LOW
0.6985 KZT
YEARLY AVERAGE
0.7530 KZT

2023 XAF to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on October 23, valuing the pair at 0.7769. Conversely, the yearly low was recorded on March 5, dropping to 0.6985.

This high-to-low spread represents a total annual volatility of 0.0783 KZT. From a start-to-finish perspective, comparing the January average rate of 0.7607 to the December average rate of 0.7646, the exchange rate registered a net change of 0.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7769 was down 11.08% compared to the 2022 peak of 0.8736, 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 3,884 KZT
2022 Average 3,705 KZT
Yearly Trough Low 3,493 KZT
Transaction Impact: A difference of 391.70 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7705
0.7336
JanuMarcMayJulySeptNove

XAF to KZT 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 0.7455, compared to 0.7605 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0150 points.

H1 Avg (Jan–Jun) 0.7455
H2 Avg (Jul–Dec) 0.7605

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0714 KZT (High: 0.7699 / Low: 0.6985). On the other end, November was the most stable month, with a tight range of 0.0180 KZT (High: 0.7725 / Low: 0.7545).

March Spread (Volatile) ±0.0714
November Spread (Stable) ±0.0180

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0240 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0240

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.7674) against the same month in 2022 (average: 0.7083), the exchange rate shifted by +0.0591 (+8.34%).

2023 Avg (October) 0.7674
2022 Avg (October) 0.7083

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7681 0.7440 0.7607
February 0.7732 0.7175 0.7367
March 0.7699 0.6985 0.7372
April 0.7738 0.7369 0.7565
May 0.7576 0.7258 0.7399
June 0.7560 0.7270 0.7417
July 0.7627 0.7375 0.7504
August 0.7724 0.7424 0.7537
September 0.7756 0.7525 0.7628
October 0.7769 0.7557 0.7674
November 0.7725 0.7545 0.7640
December 0.7738 0.7525 0.7646