2023 XAF to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 XAF to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the XAF to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 26.0630. Conversely, the yearly low was recorded on January 5, dropping to 2.4410.
This high-to-low spread represents a total annual volatility of 23.6220 LBP. From a start-to-finish perspective, comparing the January average rate of 2.4930 to the December average rate of 25.0629, the exchange rate registered a net change of 905.32% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 26.0630 was up 883.65% compared to the 2022 peak of 2.6496, 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 LBP 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 20.5085, compared to 24.8269 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.3183 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 22.7092 LBP (High: 25.1944 / Low: 2.4852). On the other end, January was the most stable month, with a tight range of 0.0858 LBP (High: 2.5268 / Low: 2.4410).
Growth Streaks & Declines
TrendsBetween 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 August and September, when the average rate fell by 0.5408 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2023: 25.0232) against the same month in 2022 (average: 2.4488), the exchange rate shifted by +22.5744 (+921.86%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2.5268 | 2.4410 | 2.4930 |
| February | 25.1944 | 2.4852 | 20.6200 |
| March | 25.1070 | 24.2429 | 24.6249 |
| April | 25.6953 | 24.8379 | 25.2895 |
| May | 26.0630 | 24.4953 | 25.0232 |
| June | 25.4722 | 24.5978 | 25.0006 |
| July | 25.8701 | 24.8056 | 25.3984 |
| August | 25.4791 | 24.6933 | 25.0470 |
| September | 24.8440 | 24.0789 | 24.5061 |
| October | 24.4474 | 23.9971 | 24.1936 |
| November | 25.1930 | 24.2546 | 24.7532 |
| December | 25.4778 | 24.6816 | 25.0629 |