2023 XDR to CDF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
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.
Comparing the value generated converting 5,000 XDR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |