2023 XAF to NAD Historical Review

YEARLY HIGH

0.0330 NAD

YEARLY LOW

0.0271 NAD

YEARLY AVERAGE

0.0305 NAD

2023 XAF to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 0.0330. Conversely, the yearly low was recorded on January 5, dropping to 0.0271.

This high-to-low spread represents a total annual volatility of 0.0059 NAD. From a start-to-finish perspective, comparing the January average rate of 0.0281 to the December average rate of 0.0311, the exchange rate registered a net change of 10.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0330 was up 15.28% compared to the 2022 peak of 0.0286, 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 165 NAD

2022 Average 131 NAD

Yearly Trough Low 135 NAD

Transaction Impact: A difference of 29.43 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0320

0.0277

JanuMarcMayJulySeptNove

XAF to NAD 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 0.0300, compared to 0.0310 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0300

H2 Avg (Jul–Dec) 0.0310

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0029 NAD (High: 0.0327 / Low: 0.0297). On the other end, March was the most stable month, with a tight range of 0.0008 NAD (High: 0.0303 / Low: 0.0294).

November Spread (Volatile) ±0.0029

March Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0007 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0313) against the same month in 2022 (average: 0.0258), the exchange rate shifted by +0.0056 (+21.66%).

2023 Avg (August) 0.0313

2022 Avg (August) 0.0258

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0287	0.0271	0.0281
February	0.0298	0.0279	0.0292
March	0.0303	0.0294	0.0299
April	0.0310	0.0292	0.0305
May	0.0323	0.0307	0.0316
June	0.0323	0.0303	0.0310
July	0.0315	0.0295	0.0308
August	0.0330	0.0305	0.0313
September	0.0315	0.0303	0.0309
October	0.0326	0.0302	0.0310
November	0.0327	0.0297	0.0309
December	0.0320	0.0304	0.0311