YEARLY HIGH
0.5236 ETB
YEARLY LOW
0.4730 ETB
YEARLY AVERAGE
0.4965 ETB

2023 XPF to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XPF to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.5236. Conversely, the yearly low was recorded on January 5, dropping to 0.4730.

This high-to-low spread represents a total annual volatility of 0.0506 ETB. From a start-to-finish perspective, comparing the January average rate of 0.4849 to the December average rate of 0.5141, the exchange rate registered a net change of 6.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5236 was up 8.42% compared to the 2022 peak of 0.4829, 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 2,618 ETB
2022 Average 2,292 ETB
Yearly Trough Low 2,365 ETB
Transaction Impact: A difference of 252.88 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5173
0.4785
JanuMarcMayJulySeptNove

XPF to ETB 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 0.4900, compared to 0.5030 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0130 points.

H1 Avg (Jan–Jun) 0.4900
H2 Avg (Jul–Dec) 0.5030

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0222 ETB (High: 0.5093 / Low: 0.4871). On the other end, October was the most stable month, with a tight range of 0.0104 ETB (High: 0.4978 / Low: 0.4874).

May Spread (Volatile) ±0.0222
October Spread (Stable) ±0.0104

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 August and September, when the average rate fell by 0.0094 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0094

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.5141) against the same month in 2022 (average: 0.4754), the exchange rate shifted by +0.0387 (+8.14%).

2023 Avg (December) 0.5141
2022 Avg (December) 0.4754

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4906 0.4730 0.4849
February 0.4953 0.4754 0.4817
March 0.4926 0.4752 0.4827
April 0.5048 0.4874 0.4989
May 0.5093 0.4871 0.4957
June 0.5045 0.4877 0.4960
July 0.5183 0.4989 0.5081
August 0.5094 0.4977 0.5036
September 0.5002 0.4871 0.4941
October 0.4978 0.4874 0.4924
November 0.5135 0.4940 0.5055
December 0.5236 0.5035 0.5141