2023 XAF to TRY Historical Review

YEARLY HIGH

0.0499 TRY

YEARLY LOW

0.0301 TRY

YEARLY AVERAGE

0.0393 TRY

2023 XAF to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0499. Conversely, the yearly low was recorded on January 5, dropping to 0.0301.

This high-to-low spread represents a total annual volatility of 0.0198 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0309 to the December average rate of 0.0485, the exchange rate registered a net change of 56.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0499 was up 63.22% compared to the 2022 peak of 0.0306, 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 249 TRY

2022 Average 133 TRY

Yearly Trough Low 151 TRY

Transaction Impact: A difference of 98.83 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0502

0.0290

JanuMarcMayJulySeptNove

XAF to TRY 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 0.0329, compared to 0.0457 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0128 points.

H1 Avg (Jan–Jun) 0.0329

H2 Avg (Jul–Dec) 0.0457

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0092 TRY (High: 0.0434 / Low: 0.0342). On the other end, September was the most stable month, with a tight range of 0.0005 TRY (High: 0.0442 / Low: 0.0437).

June Spread (Volatile) ±0.0092

September Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between February and August, 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 0.0008 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0485) against the same month in 2022 (average: 0.0301), the exchange rate shifted by +0.0183 (+60.85%).

2023 Avg (December) 0.0485

2022 Avg (December) 0.0301

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0313	0.0301	0.0309
February	0.0316	0.0304	0.0308
March	0.0319	0.0304	0.0310
April	0.0330	0.0316	0.0324
May	0.0338	0.0325	0.0328
June	0.0434	0.0342	0.0392
July	0.0461	0.0428	0.0446
August	0.0454	0.0427	0.0448
September	0.0442	0.0437	0.0440
October	0.0457	0.0439	0.0449
November	0.0485	0.0457	0.0473
December	0.0499	0.0475	0.0485