YEARLY HIGH
0.9756 SOS
YEARLY LOW
0.9111 SOS
YEARLY AVERAGE
0.9394 SOS

2023 XAF to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 0.9756. Conversely, the yearly low was recorded on October 3, dropping to 0.9111.

This high-to-low spread represents a total annual volatility of 0.0645 SOS. From a start-to-finish perspective, comparing the January average rate of 0.9353 to the December average rate of 0.9521, the exchange rate registered a net change of 1.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9756 was down 4.46% compared to the 2022 peak of 1.0211, 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 4,878 SOS
2022 Average 4,624 SOS
Yearly Trough Low 4,555 SOS
Transaction Impact: A difference of 322.49 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9628
0.9156
JanuMarcMayJulySeptNove

XAF to SOS 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 0.9376, compared to 0.9411 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.9376
H2 Avg (Jul–Dec) 0.9411

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0468 SOS (High: 0.9733 / Low: 0.9265). On the other end, October was the most stable month, with a tight range of 0.0182 SOS (High: 0.9293 / Low: 0.9111).

May Spread (Volatile) ±0.0468
October Spread (Stable) ±0.0182

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 0.0186 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0186

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.9588) against the same month in 2022 (average: 0.8953), the exchange rate shifted by +0.0635 (+7.09%).

2023 Avg (July) 0.9588
2022 Avg (July) 0.8953

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9471 0.9127 0.9353
February 0.9544 0.9141 0.9278
March 0.9458 0.9147 0.9278
April 0.9644 0.9351 0.9517
May 0.9733 0.9265 0.9431
June 0.9532 0.9275 0.9402
July 0.9756 0.9412 0.9588
August 0.9576 0.9369 0.9467
September 0.9376 0.9146 0.9281
October 0.9293 0.9111 0.9195
November 0.9587 0.9213 0.9412
December 0.9674 0.9378 0.9521