YEARLY HIGH
0.5480 AED
YEARLY LOW
0.5002 AED
YEARLY AVERAGE
0.5196 AED

2023 CNY to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.5480. Conversely, the yearly low was recorded on September 9, dropping to 0.5002.

This high-to-low spread represents a total annual volatility of 0.0478 AED. From a start-to-finish perspective, comparing the January average rate of 0.5408 to the December average rate of 0.5159, the exchange rate registered a net change of -4.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5480 was down 5.87% compared to the 2022 peak of 0.5822, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 13,699 AED
2022 Average 13,671 AED
Yearly Trough Low 12,505 AED
Transaction Impact: A difference of 1,194.19 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5446
0.4999
JanuMarcMayJulySeptNove

CNY to AED 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 0.5304, compared to 0.5088 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0216 points.

H1 Avg (Jan–Jun) 0.5304
H2 Avg (Jul–Dec) 0.5088

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0176 AED (High: 0.5456 / Low: 0.5280). On the other end, April was the most stable month, with a tight range of 0.0050 AED (High: 0.5347 / Low: 0.5297).

February Spread (Volatile) ±0.0176
April Spread (Stable) ±0.0050

Growth Streaks & Declines

Trends

Between September and December, 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 0.0121 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0121

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.5408) against the same month in 2022 (average: 0.5779), the exchange rate shifted by -0.0371 (-6.42%).

2023 Avg (January) 0.5408
2022 Avg (January) 0.5779

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5480 0.5312 0.5408
February 0.5456 0.5280 0.5367
March 0.5385 0.5273 0.5328
April 0.5347 0.5297 0.5333
May 0.5317 0.5165 0.5255
June 0.5184 0.5064 0.5134
July 0.5170 0.5064 0.5111
August 0.5144 0.5033 0.5074
September 0.5072 0.5002 0.5037
October 0.5124 0.5020 0.5049
November 0.5192 0.5020 0.5098
December 0.5193 0.5117 0.5159