YEARLY HIGH
72.9504 CVE
YEARLY LOW
64.5619 CVE
YEARLY AVERAGE
67.8465 CVE

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.

Transfer Payout Power Comparison

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

Yearly Peak High 364,752 CVE
2022 Average 364,552 CVE
Yearly Trough Low 322,809 CVE
Transaction Impact: A difference of 41,942.67 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

71.8960
64.9338
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 69.0930
H2 Avg (Jul–Dec) 66.5999

Volatility Range Comparison

Volatility

The 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).

June Spread (Volatile) ±4.2612
October Spread (Stable) ±1.6490

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.1176

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2023 Avg (January) 71.3158
2022 Avg (January) 70.0722

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