2023 ALL to CVE Historical Review

YEARLY HIGH

1.0974 CVE

YEARLY LOW

0.9388 CVE

YEARLY AVERAGE

1.0168 CVE

2023 ALL to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ALL to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 1.0974. Conversely, the yearly low was recorded on January 9, dropping to 0.9388.

This high-to-low spread represents a total annual volatility of 0.1586 CVE. From a start-to-finish perspective, comparing the January average rate of 0.9496 to the December average rate of 1.0744, the exchange rate registered a net change of 13.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0974 was up 11.36% compared to the 2022 peak of 0.9854, 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 5,487 CVE

2022 Average 4,648 CVE

Yearly Trough Low 4,694 CVE

Transaction Impact: A difference of 792.82 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0869

0.9371

JanuMarcMayJulySeptNove

ALL to CVE 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 0.9792, compared to 1.0544 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0752 points.

H1 Avg (Jan–Jun) 0.9792

H2 Avg (Jul–Dec) 1.0544

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0850 CVE (High: 1.0824 / Low: 0.9974). On the other end, February was the most stable month, with a tight range of 0.0122 CVE (High: 0.9604 / Low: 0.9482).

August Spread (Volatile) ±0.0850

February Spread (Stable) ±0.0122

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 0.0241 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0241

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1.0683) against the same month in 2022 (average: 0.9338), the exchange rate shifted by +0.1346 (+14.41%).

2023 Avg (July) 1.0683

2022 Avg (July) 0.9338

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9666	0.9388	0.9496
February	0.9604	0.9482	0.9539
March	0.9738	0.9528	0.9642
April	1.0034	0.9738	0.9833
May	1.0048	0.9728	0.9940
June	1.0582	1.0082	1.0303
July	1.0974	1.0349	1.0683
August	1.0824	0.9974	1.0443
September	1.0447	1.0177	1.0317
October	1.0576	1.0341	1.0435
November	1.0810	1.0462	1.0645
December	1.0942	1.0602	1.0744