YEARLY HIGH
0.4291 YER
YEARLY LOW
0.3997 YER
YEARLY AVERAGE
0.4130 YER

2023 XAF to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 0.4291. Conversely, the yearly low was recorded on October 3, dropping to 0.3997.

This high-to-low spread represents a total annual volatility of 0.0295 YER. From a start-to-finish perspective, comparing the January average rate of 0.4117 to the December average rate of 0.4167, the exchange rate registered a net change of 1.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4291 was down 1.82% compared to the 2022 peak of 0.4371, 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 2,146 YER
2022 Average 2,010 YER
Yearly Trough Low 1,998 YER
Transaction Impact: A difference of 147.31 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4239
0.4014
JanuMarcMayJulySeptNove

XAF to YER 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 0.4129, compared to 0.4131 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.4129
H2 Avg (Jul–Dec) 0.4131

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0197 YER (High: 0.4279 / Low: 0.4082). On the other end, October was the most stable month, with a tight range of 0.0076 YER (High: 0.4072 / Low: 0.3997).

May Spread (Volatile) ±0.0197
October Spread (Stable) ±0.0076

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 August and September, when the average rate fell by 0.0088 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.4220) against the same month in 2022 (average: 0.3890), the exchange rate shifted by +0.0330 (+8.49%).

2023 Avg (July) 0.4220
2022 Avg (July) 0.3890

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4168 0.4014 0.4117
February 0.4204 0.4028 0.4084
March 0.4162 0.4025 0.4089
April 0.4247 0.4124 0.4194
May 0.4279 0.4082 0.4152
June 0.4194 0.4083 0.4139
July 0.4291 0.4143 0.4220
August 0.4208 0.4119 0.4163
September 0.4116 0.4009 0.4075
October 0.4072 0.3997 0.4032
November 0.4199 0.4040 0.4130
December 0.4239 0.4108 0.4167