2023 XPF to SGD Historical Review

YEARLY HIGH

0.0125 SGD

YEARLY LOW

0.0119 SGD

YEARLY AVERAGE

0.0122 SGD

2023 XPF to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XPF to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 0.0125. Conversely, the yearly low was recorded on January 5, dropping to 0.0119.

This high-to-low spread represents a total annual volatility of 0.0006 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0120 to the December average rate of 0.0122, the exchange rate registered a net change of 1.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0125 was down 3.61% compared to the 2022 peak of 0.0129, 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 62 SGD

2022 Average 61 SGD

Yearly Trough Low 59 SGD

Transaction Impact: A difference of 2.97 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0124

0.0119

JanuMarcMayJulySeptNove

XPF to SGD 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 0.0121, compared to 0.0122 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0121

H2 Avg (Jul–Dec) 0.0122

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0004 SGD (High: 0.0125 / Low: 0.0121). On the other end, February was the most stable month, with a tight range of 0.0001 SGD (High: 0.0120 / Low: 0.0119).

April Spread (Volatile) ±0.0004

February 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 August and September, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0122) against the same month in 2022 (average: 0.0122), the exchange rate shifted by -0.0000 (-0.24%).

2023 Avg (May) 0.0122

2022 Avg (May) 0.0122

Monthly Breakdown

Statistical summary for each calendar month.

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