YEARLY HIGH
0.0127 CAD
YEARLY LOW
0.0119 CAD
YEARLY AVERAGE
0.0122 CAD

2023 XPF to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XPF to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 29, valuing the pair at 0.0127. Conversely, the yearly low was recorded on September 27, dropping to 0.0119.

This high-to-low spread represents a total annual volatility of 0.0008 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0121 to the December average rate of 0.0123, the exchange rate registered a net change of 1.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0127 was up 4.04% compared to the 2022 peak of 0.0122, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 64 CAD
2022 Average 57 CAD
Yearly Trough Low 59 CAD
Transaction Impact: A difference of 4.24 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0125
0.0120
JanuMarcMayJulySeptNove

XPF to CAD 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 0.0122, compared to 0.0123 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0122
H2 Avg (Jul–Dec) 0.0123

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0005 CAD (High: 0.0127 / Low: 0.0122). On the other end, June was the most stable month, with a tight range of 0.0001 CAD (High: 0.0121 / Low: 0.0120).

April Spread (Volatile) ±0.0005
June Spread (Stable) ±0.0001

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 May and June, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0124) against the same month in 2022 (average: 0.0114), the exchange rate shifted by +0.0010 (+8.73%).

2023 Avg (April) 0.0124
2022 Avg (April) 0.0114

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0122 0.0120 0.0121
February 0.0123 0.0120 0.0121
March 0.0125 0.0121 0.0123
April 0.0127 0.0122 0.0124
May 0.0127 0.0122 0.0123
June 0.0121 0.0120 0.0121
July 0.0125 0.0121 0.0123
August 0.0124 0.0122 0.0123
September 0.0123 0.0119 0.0121
October 0.0123 0.0120 0.0121
November 0.0126 0.0122 0.0124
December 0.0123 0.0122 0.0123