2023 XAF to NIO Historical Review

YEARLY HIGH

0.0627 NIO

YEARLY LOW

0.0584 NIO

YEARLY AVERAGE

0.0603 NIO

2023 XAF to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 0.0627. Conversely, the yearly low was recorded on October 3, dropping to 0.0584.

This high-to-low spread represents a total annual volatility of 0.0042 NIO. From a start-to-finish perspective, comparing the January average rate of 0.0600 to the December average rate of 0.0611, the exchange rate registered a net change of 1.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0627 was up 0.77% compared to the 2022 peak of 0.0622, 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 313 NIO

2022 Average 288 NIO

Yearly Trough Low 292 NIO

Transaction Impact: A difference of 21.08 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0619

0.0587

JanuMarcMayJulySeptNove

XAF to NIO 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 0.0602, compared to 0.0604 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0602

H2 Avg (Jul–Dec) 0.0604

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0029 NIO (High: 0.0625 / Low: 0.0596). On the other end, October was the most stable month, with a tight range of 0.0011 NIO (High: 0.0595 / Low: 0.0584).

May Spread (Volatile) ±0.0029

October Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, when the average rate fell by 0.0013 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0616) against the same month in 2022 (average: 0.0557), the exchange rate shifted by +0.0059 (+10.56%).

2023 Avg (July) 0.0616

2022 Avg (July) 0.0557

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0608	0.0585	0.0600
February	0.0613	0.0585	0.0595
March	0.0608	0.0587	0.0596
April	0.0620	0.0602	0.0612
May	0.0625	0.0596	0.0606
June	0.0613	0.0596	0.0604
July	0.0627	0.0605	0.0616
August	0.0615	0.0602	0.0608
September	0.0602	0.0586	0.0595
October	0.0595	0.0584	0.0589
November	0.0615	0.0591	0.0604
December	0.0621	0.0601	0.0611