2023 ANG to CVE Historical Review

YEARLY HIGH

58.5777 CVE

YEARLY LOW

54.3445 CVE

YEARLY AVERAGE

56.6716 CVE

2023 ANG to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ANG to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 58.5777. Conversely, the yearly low was recorded on July 18, dropping to 54.3445.

This high-to-low spread represents a total annual volatility of 4.2332 CVE. From a start-to-finish perspective, comparing the January average rate of 56.8648 to the December average rate of 56.0786, the exchange rate registered a net change of -1.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 58.5777 was down 9.62% compared to the 2022 peak of 64.8108, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 292,888 CVE

2022 Average 291,645 CVE

Yearly Trough Low 271,722 CVE

Transaction Impact: A difference of 21,166.04 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

58.2641

55.2010

JanuMarcMayJulySeptNove

ANG 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 56.7168, compared to 56.6263 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0905 points.

H1 Avg (Jan–Jun) 56.7168

H2 Avg (Jul–Dec) 56.6263

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 2.3651 CVE (High: 58.1696 / Low: 55.8046). On the other end, October was the most stable month, with a tight range of 1.0340 CVE (High: 58.5777 / Low: 57.5437).

November Spread (Volatile) ±2.3651

October Spread (Stable) ±1.0340

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 1.3418 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.3418

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 58.0088) against the same month in 2022 (average: 62.5861), the exchange rate shifted by -4.5773 (-7.31%).

2023 Avg (October) 58.0088

2022 Avg (October) 62.5861

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	58.1500	56.1987	56.8648
February	57.9363	55.9806	57.1833
March	58.0631	56.2491	57.2730
April	56.4628	55.3236	55.9311
May	57.3220	55.5051	56.4232
June	58.1214	55.9008	56.6253
July	56.4104	54.3445	55.4563
August	56.6362	55.4692	56.1039
September	58.1184	56.4073	57.3160
October	58.5777	57.5437	58.0088
November	58.1696	55.8046	56.7943
December	57.3784	55.1262	56.0786