YEARLY HIGH
0.0065 PEN
YEARLY LOW
0.0060 PEN
YEARLY AVERAGE
0.0062 PEN

2023 XAF to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 0.0065. Conversely, the yearly low was recorded on June 12, dropping to 0.0060.

This high-to-low spread represents a total annual volatility of 0.0005 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0063 to the December average rate of 0.0062, the exchange rate registered a net change of -1.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0065 was down 6.35% compared to the 2022 peak of 0.0069, 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 32 PEN
2022 Average 31 PEN
Yearly Trough Low 30 PEN
Transaction Impact: A difference of 2.50 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0063
0.0060
JanuMarcMayJulySeptNove

XAF to PEN 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 0.0062, compared to 0.0061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0062
H2 Avg (Jul–Dec) 0.0061

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0004 PEN (High: 0.0065 / Low: 0.0061). On the other end, June was the most stable month, with a tight range of 0.0001 PEN (High: 0.0061 / Low: 0.0060).

January Spread (Volatile) ±0.0004
June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0063) against the same month in 2022 (average: 0.0067), the exchange rate shifted by -0.0004 (-6.43%).

2023 Avg (January) 0.0063
2022 Avg (January) 0.0067

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0065 0.0061 0.0063
February 0.0065 0.0061 0.0063
March 0.0063 0.0061 0.0062
April 0.0064 0.0062 0.0063
May 0.0063 0.0060 0.0061
June 0.0061 0.0060 0.0060
July 0.0061 0.0060 0.0061
August 0.0062 0.0061 0.0061
September 0.0061 0.0060 0.0061
October 0.0063 0.0061 0.0062
November 0.0064 0.0061 0.0062
December 0.0063 0.0061 0.0062