YEARLY HIGH
0.0879 DJF
YEARLY LOW
0.0637 DJF
YEARLY AVERAGE
0.0769 DJF

2023 CDF to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.0879. Conversely, the yearly low was recorded on December 21, dropping to 0.0637.

This high-to-low spread represents a total annual volatility of 0.0242 DJF. From a start-to-finish perspective, comparing the January average rate of 0.0868 to the December average rate of 0.0654, the exchange rate registered a net change of -24.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0879 was down 1.75% compared to the 2022 peak of 0.0894, 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 439 DJF
2022 Average 441 DJF
Yearly Trough Low 318 DJF
Transaction Impact: A difference of 121.06 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0889
0.0633
JanuMarcMayJulySeptNove

CDF to DJF 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 0.0836, compared to 0.0702 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0133 points.

H1 Avg (Jan–Jun) 0.0836
H2 Avg (Jul–Dec) 0.0702

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0109 DJF (High: 0.0871 / Low: 0.0762). On the other end, September was the most stable month, with a tight range of 0.0013 DJF (High: 0.0724 / Low: 0.0711).

May Spread (Volatile) ±0.0109
September Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0061 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0863) against the same month in 2022 (average: 0.0885), the exchange rate shifted by -0.0022 (-2.53%).

2023 Avg (February) 0.0863
2022 Avg (February) 0.0885

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0878 0.0860 0.0868
February 0.0879 0.0855 0.0863
March 0.0870 0.0852 0.0859
April 0.0870 0.0812 0.0854
May 0.0871 0.0762 0.0816
June 0.0767 0.0738 0.0754
July 0.0738 0.0698 0.0720
August 0.0734 0.0716 0.0718
September 0.0724 0.0711 0.0717
October 0.0718 0.0684 0.0706
November 0.0718 0.0653 0.0699
December 0.0668 0.0637 0.0654