YEARLY HIGH
0.0317 MDL
YEARLY LOW
0.0288 MDL
YEARLY AVERAGE
0.0299 MDL

2023 XAF to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 0.0317. Conversely, the yearly low was recorded on October 14, dropping to 0.0288.

This high-to-low spread represents a total annual volatility of 0.0028 MDL. From a start-to-finish perspective, comparing the January average rate of 0.0312 to the December average rate of 0.0293, the exchange rate registered a net change of -6.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0317 was up 0.67% compared to the 2022 peak of 0.0315, 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 158 MDL
2022 Average 151 MDL
Yearly Trough Low 144 MDL
Transaction Impact: A difference of 14.13 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0314
0.0290
JanuMarcMayJulySeptNove

XAF to MDL 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 0.0303, compared to 0.0295 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0303
H2 Avg (Jul–Dec) 0.0295

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0016 MDL (High: 0.0310 / Low: 0.0293). On the other end, September was the most stable month, with a tight range of 0.0005 MDL (High: 0.0295 / Low: 0.0290).

July Spread (Volatile) ±0.0016
September Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between May and July, 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 July and August, when the average rate fell by 0.0008 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0312) against the same month in 2022 (average: 0.0309), the exchange rate shifted by +0.0003 (+0.98%).

2023 Avg (January) 0.0312
2022 Avg (January) 0.0309

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0317 0.0308 0.0312
February 0.0315 0.0303 0.0306
March 0.0307 0.0300 0.0304
April 0.0305 0.0298 0.0302
May 0.0304 0.0289 0.0295
June 0.0305 0.0290 0.0296
July 0.0310 0.0293 0.0302
August 0.0298 0.0291 0.0294
September 0.0295 0.0290 0.0293
October 0.0296 0.0288 0.0292
November 0.0298 0.0290 0.0294
December 0.0297 0.0289 0.0293