2023 YER to XOF Historical Review

YEARLY HIGH

2.5022 XOF

YEARLY LOW

2.3304 XOF

YEARLY AVERAGE

2.4218 XOF

2023 YER to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the YER to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 2.5022. Conversely, the yearly low was recorded on July 14, dropping to 2.3304.

This high-to-low spread represents a total annual volatility of 0.1718 XOF. From a start-to-finish perspective, comparing the January average rate of 2.4293 to the December average rate of 2.4000, the exchange rate registered a net change of -1.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.5022 was down 8.36% compared to the 2022 peak of 2.7305, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,511 XOF

2022 Average 12,464 XOF

Yearly Trough Low 11,652 XOF

Transaction Impact: A difference of 858.95 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.4910

2.3589

JanuMarcMayJulySeptNove

YER to XOF 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 2.4223, compared to 2.4213 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 2.4223

H2 Avg (Jul–Dec) 2.4213

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.1128 XOF (High: 2.4500 / Low: 2.3372). On the other end, October was the most stable month, with a tight range of 0.0464 XOF (High: 2.5022 / Low: 2.4557).

May Spread (Volatile) ±0.1128

October Spread (Stable) ±0.0464

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0613 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0613

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 2.4800) against the same month in 2022 (average: 2.6652), the exchange rate shifted by -0.1852 (-6.95%).

2023 Avg (October) 2.4800

2022 Avg (October) 2.6652

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4911	2.3991	2.4293
February	2.4828	2.3787	2.4485
March	2.4843	2.4028	2.4459
April	2.4251	2.3547	2.3846
May	2.4500	2.3372	2.4088
June	2.4495	2.3842	2.4165
July	2.4137	2.3304	2.3699
August	2.4276	2.3764	2.4021
September	2.4941	2.4294	2.4539
October	2.5022	2.4557	2.4800
November	2.4755	2.3813	2.4219
December	2.4341	2.3592	2.4000