2023 ALL to CNY Historical Review

YEARLY HIGH

0.0801 CNY

YEARLY LOW

0.0613 CNY

YEARLY AVERAGE

0.0705 CNY

2023 ALL to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ALL to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 0.0801. Conversely, the yearly low was recorded on January 8, dropping to 0.0613.

This high-to-low spread represents a total annual volatility of 0.0188 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0629 to the December average rate of 0.0756, the exchange rate registered a net change of 20.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0801 was up 21.93% compared to the 2022 peak of 0.0657, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 401 CNY

2022 Average 298 CNY

Yearly Trough Low 307 CNY

Transaction Impact: A difference of 93.87 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0783

0.0615

JanuMarcMayJulySeptNove

ALL 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 0.0664, compared to 0.0746 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0082 points.

H1 Avg (Jan–Jun) 0.0664

H2 Avg (Jul–Dec) 0.0746

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0060 CNY (High: 0.0772 / Low: 0.0712). On the other end, September was the most stable month, with a tight range of 0.0013 CNY (High: 0.0734 / Low: 0.0721).

August Spread (Volatile) ±0.0060

September Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0021 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0769) against the same month in 2022 (average: 0.0585), the exchange rate shifted by +0.0185 (+31.58%).

2023 Avg (July) 0.0769

2022 Avg (July) 0.0585

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0646	0.0613	0.0629
February	0.0640	0.0626	0.0633
March	0.0659	0.0635	0.0645
April	0.0691	0.0659	0.0672
May	0.0692	0.0668	0.0683
June	0.0743	0.0695	0.0723
July	0.0801	0.0741	0.0769
August	0.0772	0.0712	0.0748
September	0.0734	0.0721	0.0729
October	0.0738	0.0711	0.0727
November	0.0763	0.0732	0.0750
December	0.0762	0.0743	0.0756