YEARLY HIGH
0.2293 KZT
YEARLY LOW
0.1635 KZT
YEARLY AVERAGE
0.1972 KZT

2023 CDF to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.2293. Conversely, the yearly low was recorded on December 20, dropping to 0.1635.

This high-to-low spread represents a total annual volatility of 0.0658 KZT. From a start-to-finish perspective, comparing the January average rate of 0.2258 to the December average rate of 0.1687, the exchange rate registered a net change of -25.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2293 was down 12.26% compared to the 2022 peak of 0.2613, 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 1,146 KZT
2022 Average 1,143 KZT
Yearly Trough Low 817 KZT
Transaction Impact: A difference of 329.06 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2315
0.1630
JanuMarcMayJulySeptNove

CDF to KZT 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 0.2124, compared to 0.1820 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0304 points.

H1 Avg (Jan–Jun) 0.2124
H2 Avg (Jul–Dec) 0.1820

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0307 KZT (High: 0.2205 / Low: 0.1898). On the other end, June was the most stable month, with a tight range of 0.0057 KZT (High: 0.1931 / Low: 0.1874).

May Spread (Volatile) ±0.0307
June Spread (Stable) ±0.0057

Growth Streaks & Declines

Trends

Between July and October, 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 May and June, when the average rate fell by 0.0145 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0145

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2258) against the same month in 2022 (average: 0.2171), the exchange rate shifted by +0.0087 (+4.00%).

2023 Avg (January) 0.2258
2022 Avg (January) 0.2171

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2293 0.2224 0.2258
February 0.2261 0.2149 0.2189
March 0.2247 0.2109 0.2182
April 0.2223 0.2056 0.2171
May 0.2205 0.1898 0.2046
June 0.1931 0.1874 0.1901
July 0.1874 0.1746 0.1803
August 0.1886 0.1792 0.1830
September 0.1927 0.1844 0.1887
October 0.1932 0.1813 0.1892
November 0.1889 0.1688 0.1822
December 0.1724 0.1635 0.1687