YEARLY HIGH
0.0041 SBD
YEARLY LOW
0.0030 SBD
YEARLY AVERAGE
0.0036 SBD

2023 CDF to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.0041. Conversely, the yearly low was recorded on December 20, dropping to 0.0030.

This high-to-low spread represents a total annual volatility of 0.0011 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0040 to the December average rate of 0.0031, the exchange rate registered a net change of -22.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0041 was down 0.83% compared to the 2022 peak of 0.0041, 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 20 SBD
2022 Average 20 SBD
Yearly Trough Low 15 SBD
Transaction Impact: A difference of 5.36 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0041
0.0030
JanuMarcMayJulySeptNove

CDF to SBD 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 0.0039, compared to 0.0033 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0039
H2 Avg (Jul–Dec) 0.0033

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0005 SBD (High: 0.0041 / Low: 0.0036). On the other end, September was the most stable month, with a tight range of 0.0001 SBD (High: 0.0034 / Low: 0.0034).

May Spread (Volatile) ±0.0005
September Spread (Stable) ±0.0001

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 0.0003 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0040) against the same month in 2022 (average: 0.0040), the exchange rate shifted by +0.0000 (+0.18%).

2023 Avg (January) 0.0040
2022 Avg (January) 0.0040

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0041 0.0040 0.0040
February 0.0040 0.0039 0.0040
March 0.0040 0.0039 0.0040
April 0.0041 0.0038 0.0040
May 0.0041 0.0036 0.0038
June 0.0036 0.0035 0.0035
July 0.0035 0.0033 0.0034
August 0.0034 0.0034 0.0034
September 0.0034 0.0034 0.0034
October 0.0034 0.0032 0.0033
November 0.0034 0.0031 0.0033
December 0.0032 0.0030 0.0031