2023 XDR to XOF Historical Review

YEARLY HIGH

831.6393 XOF

YEARLY LOW

783.5736 XOF

YEARLY AVERAGE

809.0349 XOF

2023 XDR to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XDR to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 831.6393. Conversely, the yearly low was recorded on July 14, dropping to 783.5736.

This high-to-low spread represents a total annual volatility of 48.0657 XOF. From a start-to-finish perspective, comparing the January average rate of 816.9345 to the December average rate of 800.9091, the exchange rate registered a net change of -1.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 831.6393 was down 13.41% compared to the 2022 peak of 960.3934, 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 4,158,197 XOF

2022 Average 4,275,975 XOF

Yearly Trough Low 3,917,868 XOF

Transaction Impact: A difference of 240,328.67 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

823.3070

794.7914

JanuMarcMayJulySeptNove

XDR 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 813.1043, compared to 804.9656 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.1387 points.

H1 Avg (Jan–Jun) 813.1043

H2 Avg (Jul–Dec) 804.9656

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 27.3525 XOF (High: 818.5852 / Low: 791.2326). On the other end, August was the most stable month, with a tight range of 12.5986 XOF (High: 808.3393 / Low: 795.7407).

May Spread (Volatile) ±27.3525

August Spread (Stable) ±12.5986

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 October and November, when the average rate fell by 13.7310 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -13.7310

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 816.9345) against the same month in 2022 (average: 812.9367), the exchange rate shifted by +3.9978 (+0.49%).

2023 Avg (January) 816.9345

2022 Avg (January) 812.9367

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	831.6393	810.3403	816.9345
February	827.8350	803.1950	820.9307
March	827.1764	805.4181	816.8986
April	816.2370	796.4814	805.7204
May	818.5852	791.2326	810.7546
June	818.4650	798.0147	807.3869
July	806.8046	783.5736	797.1677
August	808.3393	795.7407	802.6804
September	820.8208	806.4317	812.1143
October	823.4804	806.5049	815.3264
November	812.3020	793.4738	801.5954
December	809.9490	791.3175	800.9091