2023 AUD to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 AUD to CVE Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the AUD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 72.9504. Conversely, the yearly low was recorded on August 19, dropping to 64.5619.
This high-to-low spread represents a total annual volatility of 8.3885 CVE. From a start-to-finish perspective, comparing the January average rate of 71.3158 to the December average rate of 67.8133, the exchange rate registered a net change of -4.91% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 72.9504 was down 5.43% compared to the 2022 peak of 77.1394, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AUD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
AUD to CVE Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 69.0930, compared to 66.5999 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.4931 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was June, with a trading range of 4.2612 CVE (High: 70.9511 / Low: 66.6899). On the other end, October was the most stable month, with a tight range of 1.6490 CVE (High: 67.2389 / Low: 65.5899).
Growth Streaks & Declines
TrendsBetween April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 2.1176 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 71.3158) against the same month in 2022 (average: 70.0722), the exchange rate shifted by +1.2436 (+1.77%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 72.9504 | 69.4740 | 71.3158 |
| February | 72.4613 | 69.8529 | 70.9783 |
| March | 70.5948 | 67.6557 | 68.8607 |
| April | 68.9614 | 66.1043 | 67.3263 |
| May | 68.3311 | 66.5256 | 67.5087 |
| June | 70.9511 | 66.6899 | 68.5681 |
| July | 68.3489 | 66.4297 | 67.1721 |
| August | 66.5773 | 64.5619 | 65.5140 |
| September | 67.3255 | 65.5488 | 66.3252 |
| October | 67.2389 | 65.5899 | 66.3149 |
| November | 68.3424 | 65.4553 | 66.4598 |
| December | 69.2819 | 66.7994 | 67.8133 |