2023 CAD to LYD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 CAD to LYD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the CAD to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 18, valuing the pair at 3.6479. Conversely, the yearly low was recorded on March 25, dropping to 3.4506.
This high-to-low spread represents a total annual volatility of 0.1973 LYD. From a start-to-finish perspective, comparing the January average rate of 3.5629 to the December average rate of 3.5851, the exchange rate registered a net change of 0.62% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 3.6479 was down 4.45% compared to the 2022 peak of 3.8180, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
CAD to LYD 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 3.5523, compared to 3.5731 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0208 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 0.1070 LYD (High: 3.5577 / Low: 3.4506). On the other end, June was the most stable month, with a tight range of 0.0575 LYD (High: 3.6479 / Low: 3.5904).
Growth Streaks & Declines
TrendsBetween March and June, 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 February and March, when the average rate fell by 0.0551 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2023: 3.6232) against the same month in 2022 (average: 3.7478), the exchange rate shifted by -0.1246 (-3.32%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.5947 | 3.5143 | 3.5629 |
| February | 3.5985 | 3.5286 | 3.5626 |
| March | 3.5577 | 3.4506 | 3.5075 |
| April | 3.5761 | 3.4757 | 3.5226 |
| May | 3.5604 | 3.4748 | 3.5347 |
| June | 3.6479 | 3.5904 | 3.6232 |
| July | 3.6373 | 3.5773 | 3.6048 |
| August | 3.6039 | 3.5411 | 3.5662 |
| September | 3.6227 | 3.5371 | 3.5807 |
| October | 3.6069 | 3.5217 | 3.5667 |
| November | 3.5804 | 3.5103 | 3.5350 |
| December | 3.6273 | 3.5484 | 3.5851 |