YEARLY HIGH
20.9428 UZS
YEARLY LOW
18.0895 UZS
YEARLY AVERAGE
19.3633 UZS

2023 XAF to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 20.9428. Conversely, the yearly low was recorded on January 3, dropping to 18.0895.

This high-to-low spread represents a total annual volatility of 2.8532 UZS. From a start-to-finish perspective, comparing the January average rate of 18.5903 to the December average rate of 20.5729, the exchange rate registered a net change of 10.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 20.9428 was up 7.35% compared to the 2022 peak of 19.5086, 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 104,714 UZS
2022 Average 88,764 UZS
Yearly Trough Low 90,448 UZS
Transaction Impact: A difference of 14,266.20 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

20.7803
18.2914
JanuMarcMayJulySeptNove

XAF to UZS 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 18.7879, compared to 19.9386 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1507 points.

H1 Avg (Jan–Jun) 18.7879
H2 Avg (Jul–Dec) 19.9386

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.9662 UZS (High: 19.5643 / Low: 18.5982). On the other end, October was the most stable month, with a tight range of 0.3842 UZS (High: 19.8824 / Low: 19.4982).

May Spread (Volatile) ±0.9662
October Spread (Stable) ±0.3842

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 0.1299 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1299

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 20.5729) against the same month in 2022 (average: 18.1768), the exchange rate shifted by +2.3961 (+13.18%).

2023 Avg (December) 20.5729
2022 Avg (December) 18.1768

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.8152 18.0895 18.5903
February 18.9367 18.2503 18.4988
March 19.0108 18.2625 18.5927
April 19.3901 18.7679 19.1081
May 19.5643 18.5982 18.9790
June 19.2758 18.6627 18.9587
July 19.8896 19.0428 19.5133
August 20.2210 19.4320 19.8192
September 19.9495 19.5442 19.8053
October 19.8824 19.4982 19.6754
November 20.6574 19.7650 20.2455
December 20.9428 20.2227 20.5729