2023 XAF to NOK Historical Review

YEARLY HIGH

0.0183 NOK

YEARLY LOW

0.0160 NOK

YEARLY AVERAGE

0.0174 NOK

2023 XAF to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 0.0183. Conversely, the yearly low was recorded on January 1, dropping to 0.0160.

This high-to-low spread represents a total annual volatility of 0.0023 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0163 to the December average rate of 0.0175, the exchange rate registered a net change of 7.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0183 was up 12.48% compared to the 2022 peak of 0.0163, 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 91 NOK

2022 Average 77 NOK

Yearly Trough Low 80 NOK

Transaction Impact: A difference of 11.60 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0182

0.0162

JanuMarcMayJulySeptNove

XAF to NOK 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 0.0173, compared to 0.0176 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0173

H2 Avg (Jul–Dec) 0.0176

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0010 NOK (High: 0.0181 / Low: 0.0171). On the other end, February was the most stable month, with a tight range of 0.0004 NOK (High: 0.0169 / Low: 0.0165).

April Spread (Volatile) ±0.0010

February Spread (Stable) ±0.0004

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 June and July, when the average rate fell by 0.0005 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0179) against the same month in 2022 (average: 0.0155), the exchange rate shifted by +0.0025 (+15.92%).

2023 Avg (May) 0.0179

2022 Avg (May) 0.0155

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0165	0.0160	0.0163
February	0.0169	0.0165	0.0167
March	0.0176	0.0168	0.0172
April	0.0181	0.0171	0.0176
May	0.0183	0.0176	0.0179
June	0.0181	0.0175	0.0178
July	0.0179	0.0170	0.0173
August	0.0177	0.0170	0.0174
September	0.0176	0.0172	0.0175
October	0.0181	0.0173	0.0177
November	0.0182	0.0178	0.0180
December	0.0180	0.0171	0.0175