2023 XCD to XOF Historical Review

YEARLY HIGH

231.8332 XOF

YEARLY LOW

215.8732 XOF

YEARLY AVERAGE

224.3135 XOF

2023 XCD to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 231.8332. Conversely, the yearly low was recorded on July 14, dropping to 215.8732.

This high-to-low spread represents a total annual volatility of 15.9600 XOF. From a start-to-finish perspective, comparing the January average rate of 225.0116 to the December average rate of 222.2202, the exchange rate registered a net change of -1.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 231.8332 was down 8.35% compared to the 2022 peak of 252.9414, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 XCD based on timing:

Yearly Peak High 1,159,166 XOF

2022 Average 1,154,189 XOF

Yearly Trough Low 1,079,366 XOF

Transaction Impact: A difference of 79,800.12 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

230.7460

218.4879

JanuMarcMayJulySeptNove

XCD to XOF 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 224.3657, compared to 224.2613 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1044 points.

H1 Avg (Jan–Jun) 224.3657

H2 Avg (Jul–Dec) 224.2613

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 10.4465 XOF (High: 226.9533 / Low: 216.5068). On the other end, October was the most stable month, with a tight range of 4.3702 XOF (High: 231.8332 / Low: 227.4630).

May Spread (Volatile) ±10.4465

October Spread (Stable) ±4.3702

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 5.6517 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -5.6517

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 229.7245) against the same month in 2022 (average: 246.7999), the exchange rate shifted by -17.0754 (-6.92%).

2023 Avg (October) 229.7245

2022 Avg (October) 246.7999

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	230.7154	222.2589	225.0116
February	229.9894	220.3971	226.8059
March	230.0907	222.5860	226.5368
April	224.6451	218.1243	220.8852
May	226.9533	216.5068	223.1156
June	226.9059	220.8198	223.8389
July	223.5967	215.8732	219.5094
August	224.8431	220.1337	222.4798
September	231.0432	224.9191	227.3038
October	231.8332	227.4630	229.7245
November	229.2756	220.5680	224.3298
December	225.4642	218.4983	222.2202