YEARLY HIGH
0.0646 UAH
YEARLY LOW
0.0583 UAH
YEARLY AVERAGE
0.0607 UAH

2023 XAF to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0646. Conversely, the yearly low was recorded on October 13, dropping to 0.0583.

This high-to-low spread represents a total annual volatility of 0.0063 UAH. From a start-to-finish perspective, comparing the January average rate of 0.0605 to the December average rate of 0.0619, the exchange rate registered a net change of 2.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0646 was up 7.11% compared to the 2022 peak of 0.0603, 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 323 UAH
2022 Average 261 UAH
Yearly Trough Low 291 UAH
Transaction Impact: A difference of 31.38 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0624
0.0585
JanuMarcMayJulySeptNove

XAF to UAH 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 0.0608, compared to 0.0607 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0608
H2 Avg (Jul–Dec) 0.0607

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0043 UAH (High: 0.0646 / Low: 0.0603). On the other end, October was the most stable month, with a tight range of 0.0013 UAH (High: 0.0596 / Low: 0.0583).

December Spread (Volatile) ±0.0043
October Spread (Stable) ±0.0013

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 September and October, when the average rate fell by 0.0013 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.0619) against the same month in 2022 (average: 0.0595), the exchange rate shifted by +0.0024 (+4.05%).

2023 Avg (December) 0.0619
2022 Avg (December) 0.0595

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0613 0.0590 0.0605
February 0.0620 0.0591 0.0601
March 0.0614 0.0593 0.0602
April 0.0626 0.0604 0.0617
May 0.0631 0.0600 0.0612
June 0.0619 0.0602 0.0611
July 0.0632 0.0610 0.0621
August 0.0621 0.0608 0.0614
September 0.0608 0.0592 0.0601
October 0.0596 0.0583 0.0588
November 0.0610 0.0586 0.0596
December 0.0646 0.0603 0.0619