YEARLY HIGH
0.0818 LRD
YEARLY LOW
0.0674 LRD
YEARLY AVERAGE
0.0750 LRD

2023 CDF to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 15, valuing the pair at 0.0818. Conversely, the yearly low was recorded on December 21, dropping to 0.0674.

This high-to-low spread represents a total annual volatility of 0.0144 LRD. From a start-to-finish perspective, comparing the January average rate of 0.0758 to the December average rate of 0.0691, the exchange rate registered a net change of -8.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0818 was up 6.12% compared to the 2022 peak of 0.0771, 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 409 LRD
2022 Average 378 LRD
Yearly Trough Low 337 LRD
Transaction Impact: A difference of 71.89 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0793
0.0682
JanuMarcMayJulySeptNove

CDF to LRD 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 0.0763, compared to 0.0737 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0763
H2 Avg (Jul–Dec) 0.0737

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0100 LRD (High: 0.0818 / Low: 0.0719). On the other end, September was the most stable month, with a tight range of 0.0014 LRD (High: 0.0759 / Low: 0.0744).

May Spread (Volatile) ±0.0100
September Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 0.0047 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0766) against the same month in 2022 (average: 0.0755), the exchange rate shifted by +0.0011 (+1.39%).

2023 Avg (May) 0.0766
2022 Avg (May) 0.0755

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0767 0.0746 0.0758
February 0.0771 0.0739 0.0759
March 0.0793 0.0737 0.0771
April 0.0797 0.0750 0.0784
May 0.0818 0.0719 0.0766
June 0.0755 0.0724 0.0740
July 0.0757 0.0727 0.0744
August 0.0764 0.0749 0.0752
September 0.0759 0.0744 0.0750
October 0.0755 0.0720 0.0742
November 0.0762 0.0691 0.0739
December 0.0707 0.0674 0.0691