2023 XPF to ZAR Historical Review

YEARLY HIGH

0.1778 ZAR

YEARLY LOW

0.1501 ZAR

YEARLY AVERAGE

0.1673 ZAR

2023 XPF to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XPF to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 0.1778. Conversely, the yearly low was recorded on January 4, dropping to 0.1501.

This high-to-low spread represents a total annual volatility of 0.0277 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.1544 to the December average rate of 0.1702, the exchange rate registered a net change of 10.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1778 was up 13.42% compared to the 2022 peak of 0.1568, 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 889 ZAR

2022 Average 721 ZAR

Yearly Trough Low 750 ZAR

Transaction Impact: A difference of 138.65 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1761

0.1524

JanuMarcMayJulySeptNove

XPF to ZAR 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 0.1651, compared to 0.1695 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.1651

H2 Avg (Jul–Dec) 0.1695

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0132 ZAR (High: 0.1757 / Low: 0.1626). On the other end, December was the most stable month, with a tight range of 0.0061 ZAR (High: 0.1735 / Low: 0.1674).

July Spread (Volatile) ±0.0132

December Spread (Stable) ±0.0061

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0039 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.1741) against the same month in 2022 (average: 0.1409), the exchange rate shifted by +0.0333 (+23.61%).

2023 Avg (May) 0.1741

2022 Avg (May) 0.1409

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1584	0.1501	0.1544
February	0.1637	0.1561	0.1607
March	0.1696	0.1616	0.1640
April	0.1712	0.1614	0.1673
May	0.1778	0.1688	0.1741
June	0.1770	0.1664	0.1702
July	0.1757	0.1626	0.1688
August	0.1750	0.1683	0.1717
September	0.1730	0.1667	0.1697
October	0.1725	0.1653	0.1685
November	0.1724	0.1638	0.1681
December	0.1735	0.1674	0.1702