YEARLY HIGH
0.0515 CVE
YEARLY LOW
0.0360 CVE
YEARLY AVERAGE
0.0442 CVE

2023 CDF to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0515. Conversely, the yearly low was recorded on December 21, dropping to 0.0360.

This high-to-low spread represents a total annual volatility of 0.0155 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0500 to the December average rate of 0.0372, the exchange rate registered a net change of -25.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0515 was down 9.97% compared to the 2022 peak of 0.0572, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 257 CVE
2022 Average 260 CVE
Yearly Trough Low 180 CVE
Transaction Impact: A difference of 77.30 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0513
0.0359
JanuMarcMayJulySeptNove

CDF 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 0.0480, compared to 0.0403 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0077 points.

H1 Avg (Jan–Jun) 0.0480
H2 Avg (Jul–Dec) 0.0403

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0056 CVE (High: 0.0497 / Low: 0.0441). On the other end, September was the most stable month, with a tight range of 0.0011 CVE (High: 0.0421 / Low: 0.0410).

May Spread (Volatile) ±0.0056
September Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between July and September, 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 May and June, when the average rate fell by 0.0034 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0500) against the same month in 2022 (average: 0.0487), the exchange rate shifted by +0.0013 (+2.68%).

2023 Avg (January) 0.0500
2022 Avg (January) 0.0487

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0515 0.0490 0.0500
February 0.0510 0.0492 0.0500
March 0.0510 0.0486 0.0498
April 0.0497 0.0458 0.0484
May 0.0497 0.0441 0.0466
June 0.0444 0.0421 0.0432
July 0.0421 0.0390 0.0404
August 0.0415 0.0403 0.0408
September 0.0421 0.0410 0.0416
October 0.0425 0.0401 0.0415
November 0.0427 0.0371 0.0402
December 0.0384 0.0360 0.0372