YEARLY HIGH
0.0240 SCR
YEARLY LOW
0.0205 SCR
YEARLY AVERAGE
0.0222 SCR

2023 XAF to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 0.0240. Conversely, the yearly low was recorded on October 26, dropping to 0.0205.

This high-to-low spread represents a total annual volatility of 0.0035 SCR. From a start-to-finish perspective, comparing the January average rate of 0.0223 to the December average rate of 0.0224, the exchange rate registered a net change of 0.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0240 was down 7.50% compared to the 2022 peak of 0.0260, 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 120 SCR
2022 Average 109 SCR
Yearly Trough Low 103 SCR
Transaction Impact: A difference of 17.63 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0228
0.0213
JanuMarcMayJulySeptNove

XAF to SCR 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 0.0223, compared to 0.0220 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0223
H2 Avg (Jul–Dec) 0.0220

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0027 SCR (High: 0.0236 / Low: 0.0210). On the other end, August was the most stable month, with a tight range of 0.0009 SCR (High: 0.0227 / Low: 0.0219).

February Spread (Volatile) ±0.0027
August Spread (Stable) ±0.0009

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 August and September, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0225) against the same month in 2022 (average: 0.0206), the exchange rate shifted by +0.0019 (+9.33%).

2023 Avg (July) 0.0225
2022 Avg (July) 0.0206

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0235 0.0210 0.0223
February 0.0236 0.0210 0.0221
March 0.0231 0.0212 0.0220
April 0.0235 0.0216 0.0226
May 0.0238 0.0215 0.0224
June 0.0237 0.0215 0.0227
July 0.0240 0.0217 0.0225
August 0.0227 0.0219 0.0222
September 0.0222 0.0207 0.0214
October 0.0223 0.0205 0.0215
November 0.0230 0.0213 0.0220
December 0.0235 0.0212 0.0224