2023 XPF to CNY Historical Review

YEARLY HIGH

0.0679 CNY

YEARLY LOW

0.0607 CNY

YEARLY AVERAGE

0.0641 CNY

2023 XPF to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XPF to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 0.0679. Conversely, the yearly low was recorded on January 5, dropping to 0.0607.

This high-to-low spread represents a total annual volatility of 0.0072 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0614 to the December average rate of 0.0652, the exchange rate registered a net change of 6.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0679 was up 8.37% compared to the 2022 peak of 0.0626, 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 339 CNY

2022 Average 297 CNY

Yearly Trough Low 303 CNY

Transaction Impact: A difference of 35.91 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0671

0.0609

JanuMarcMayJulySeptNove

XPF to CNY 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 0.0628, compared to 0.0655 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.0628

H2 Avg (Jul–Dec) 0.0655

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0028 CNY (High: 0.0664 / Low: 0.0635). On the other end, February was the most stable month, with a tight range of 0.0013 CNY (High: 0.0622 / Low: 0.0609).

June Spread (Volatile) ±0.0028

February Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0009 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0666) against the same month in 2022 (average: 0.0575), the exchange rate shifted by +0.0091 (+15.76%).

2023 Avg (July) 0.0666

2022 Avg (July) 0.0575

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0621	0.0607	0.0614
February	0.0622	0.0609	0.0614
March	0.0628	0.0612	0.0619
April	0.0645	0.0622	0.0634
May	0.0649	0.0633	0.0637
June	0.0664	0.0635	0.0650
July	0.0679	0.0655	0.0666
August	0.0667	0.0654	0.0662
September	0.0659	0.0643	0.0653
October	0.0654	0.0631	0.0644
November	0.0661	0.0644	0.0653
December	0.0665	0.0642	0.0652