YEARLY HIGH
3744.8720 CDF
YEARLY LOW
2700.4415 CDF
YEARLY AVERAGE
3115.3447 CDF

2023 XDR to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XDR to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 3744.8720. Conversely, the yearly low was recorded on January 7, dropping to 2700.4415.

This high-to-low spread represents a total annual volatility of 1044.4305 CDF. From a start-to-finish perspective, comparing the January average rate of 2752.4666 to the December average rate of 3630.9913, the exchange rate registered a net change of 31.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 3744.8720 was up 28.93% compared to the 2022 peak of 2904.6459, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 18,724,360 CDF
2022 Average 13,848,176 CDF
Yearly Trough Low 13,502,208 CDF
Transaction Impact: A difference of 5,222,152.47 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3718.8438
2664.6141
JanuMarcMayJulySeptNove

XDR to CDF 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 2862.6250, compared to 3368.0645 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 505.4395 points.

H1 Avg (Jan–Jun) 2862.6250
H2 Avg (Jul–Dec) 3368.0645

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 397.4579 CDF (High: 3623.5259 / Low: 3226.0681). On the other end, August was the most stable month, with a tight range of 63.7456 CDF (High: 3332.0464 / Low: 3268.3008).

November Spread (Volatile) ±397.4579
August Spread (Stable) ±63.7456

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 22.1619 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -22.1619

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 3630.9913) against the same month in 2022 (average: 2716.3321), the exchange rate shifted by +914.6592 (+33.67%).

2023 Avg (December) 3630.9913
2022 Avg (December) 2716.3321

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2799.5277 2700.4415 2752.4666
February 2794.5316 2720.0226 2762.4020
March 2782.8399 2718.3521 2759.3693
April 2969.9273 2748.8306 2809.2318
May 3125.9831 2749.7499 2942.1005
June 3213.1748 3095.0803 3150.1797
July 3430.4994 3213.1748 3318.0797
August 3332.0464 3268.3008 3305.7865
September 3331.5756 3241.8631 3283.6246
October 3414.1199 3250.8727 3307.0758
November 3623.5259 3226.0681 3362.8290
December 3744.8720 3535.5378 3630.9913