YEARLY HIGH
35.5113 SLL
YEARLY LOW
28.3311 SLL
YEARLY AVERAGE
31.4691 SLL

2023 XAF to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 35.5113. Conversely, the yearly low was recorded on January 5, dropping to 28.3311.

This high-to-low spread represents a total annual volatility of 7.1802 SLL. From a start-to-finish perspective, comparing the January average rate of 29.0521 to the December average rate of 34.9199, the exchange rate registered a net change of 20.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 35.5113 was up 22.93% compared to the 2022 peak of 28.8866, 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 177,556 SLL
2022 Average 109,791 SLL
Yearly Trough Low 141,655 SLL
Transaction Impact: A difference of 35,900.94 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

35.5297
28.2121
JanuMarcMayJulySeptNove

XAF to SLL 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 29.1381, compared to 33.8001 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.6620 points.

H1 Avg (Jan–Jun) 29.1381
H2 Avg (Jul–Dec) 33.8001

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 6.0320 SLL (High: 35.2651 / Low: 29.2331). On the other end, October was the most stable month, with a tight range of 0.6430 SLL (High: 34.1117 / Low: 33.4687).

July Spread (Volatile) ±6.0320
October Spread (Stable) ±0.6430

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 0.7400 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.7400

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 34.9199) against the same month in 2022 (average: 28.5343), the exchange rate shifted by +6.3856 (+22.38%).

2023 Avg (December) 34.9199
2022 Avg (December) 28.5343

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 29.4090 28.3311 29.0521
February 29.6575 28.4205 28.8219
March 29.3658 28.4080 28.8561
April 29.9665 29.0966 29.5936
May 30.1904 28.8007 29.3008
June 29.6007 28.8067 29.2039
July 35.2651 29.2331 30.4972
August 35.2475 34.5092 34.8772
September 34.4975 33.5831 34.1372
October 34.1117 33.4687 33.7764
November 35.1781 33.8420 34.5925
December 35.5113 34.4141 34.9199