2023 CDF to STD Historical Review

YEARLY HIGH

11.2600 STD

YEARLY LOW

7.9786 STD

YEARLY AVERAGE

9.7785 STD

2023 CDF to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 11.2600. Conversely, the yearly low was recorded on December 21, dropping to 7.9786.

This high-to-low spread represents a total annual volatility of 3.2814 STD. From a start-to-finish perspective, comparing the January average rate of 11.1409 to the December average rate of 8.1853, the exchange rate registered a net change of -26.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.2600 was down 4.90% compared to the 2022 peak of 11.8407, 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 56,300 STD

2022 Average 54,884 STD

Yearly Trough Low 39,893 STD

Transaction Impact: A difference of 16,406.95 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.4365

7.8897

JanuMarcMayJulySeptNove

CDF to STD 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 10.7255, compared to 8.8316 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8939 points.

H1 Avg (Jan–Jun) 10.7255

H2 Avg (Jul–Dec) 8.8316

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 1.4090 STD (High: 11.1838 / Low: 9.7747). On the other end, September was the most stable month, with a tight range of 0.1638 STD (High: 9.0656 / Low: 8.9018).

May Spread (Volatile) ±1.4090

September Spread (Stable) ±0.1638

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 0.7950 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.7950

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 11.1409) against the same month in 2022 (average: 10.5469), the exchange rate shifted by +0.5940 (+5.63%).

2023 Avg (January) 11.1409

2022 Avg (January) 10.5469

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.2600	11.0219	11.1409
February	11.1609	10.9646	11.0665
March	11.1609	10.9368	11.0373
April	11.1554	10.4474	10.9705
May	11.1838	9.7747	10.4663
June	9.8168	9.4705	9.6713
July	9.4705	8.9506	9.2171
August	9.1319	8.9472	8.9985
September	9.0656	8.9018	8.9712
October	9.0173	8.5782	8.8503
November	9.0553	8.1833	8.7671
December	8.3609	7.9786	8.1853