YEARLY HIGH
0.0657 SRD
YEARLY LOW
0.0507 SRD
YEARLY AVERAGE
0.0604 SRD

2023 XAF to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 0.0657. Conversely, the yearly low was recorded on January 5, dropping to 0.0507.

This high-to-low spread represents a total annual volatility of 0.0150 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0523 to the December average rate of 0.0622, the exchange rate registered a net change of 18.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0657 was up 26.30% compared to the 2022 peak of 0.0520, 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 328 SRD
2022 Average 194 SRD
Yearly Trough Low 253 SRD
Transaction Impact: A difference of 75.08 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0652
0.0512
JanuMarcMayJulySeptNove

XAF to SRD 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 0.0580, compared to 0.0627 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0047 points.

H1 Avg (Jan–Jun) 0.0580
H2 Avg (Jul–Dec) 0.0627

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0058 SRD (High: 0.0598 / Low: 0.0540). On the other end, October was the most stable month, with a tight range of 0.0010 SRD (High: 0.0619 / Low: 0.0609).

March Spread (Volatile) ±0.0058
October Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0013 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0641) against the same month in 2022 (average: 0.0356), the exchange rate shifted by +0.0285 (+80.03%).

2023 Avg (July) 0.0641
2022 Avg (July) 0.0356

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0538 0.0507 0.0523
February 0.0548 0.0526 0.0535
March 0.0598 0.0540 0.0565
April 0.0633 0.0594 0.0616
May 0.0637 0.0607 0.0619
June 0.0640 0.0609 0.0623
July 0.0657 0.0614 0.0641
August 0.0647 0.0628 0.0637
September 0.0635 0.0612 0.0624
October 0.0619 0.0609 0.0614
November 0.0636 0.0615 0.0627
December 0.0629 0.0615 0.0622