YEARLY HIGH
0.0533 TWD
YEARLY LOW
0.0491 TWD
YEARLY AVERAGE
0.0514 TWD

2023 XAF to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 0.0533. Conversely, the yearly low was recorded on February 23, dropping to 0.0491.

This high-to-low spread represents a total annual volatility of 0.0042 TWD. From a start-to-finish perspective, comparing the January average rate of 0.0500 to the December average rate of 0.0520, the exchange rate registered a net change of 3.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0533 was up 6.29% compared to the 2022 peak of 0.0501, 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 266 TWD
2022 Average 239 TWD
Yearly Trough Low 245 TWD
Transaction Impact: A difference of 21.06 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0533
0.0490
JanuMarcMayJulySeptNove

XAF to TWD 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 0.0504, compared to 0.0524 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0504
H2 Avg (Jul–Dec) 0.0524

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0023 TWD (High: 0.0523 / Low: 0.0500). On the other end, December was the most stable month, with a tight range of 0.0008 TWD (High: 0.0524 / Low: 0.0516).

May Spread (Volatile) ±0.0023
December Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between May and August, 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 (August 2023: 0.0529) against the same month in 2022 (average: 0.0464), the exchange rate shifted by +0.0065 (+14.02%).

2023 Avg (August) 0.0529
2022 Avg (August) 0.0464

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0504 0.0493 0.0500
February 0.0499 0.0491 0.0494
March 0.0507 0.0494 0.0499
April 0.0522 0.0503 0.0512
May 0.0523 0.0500 0.0509
June 0.0519 0.0500 0.0509
July 0.0532 0.0516 0.0526
August 0.0533 0.0524 0.0529
September 0.0524 0.0516 0.0521
October 0.0525 0.0516 0.0520
November 0.0532 0.0521 0.0526
December 0.0524 0.0516 0.0520