YEARLY HIGH
0.2207 AUD
YEARLY LOW
0.2030 AUD
YEARLY AVERAGE
0.2129 AUD

2023 CNY to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 15, valuing the pair at 0.2207. Conversely, the yearly low was recorded on July 13, dropping to 0.2030.

This high-to-low spread represents a total annual volatility of 0.0177 AUD. From a start-to-finish perspective, comparing the January average rate of 0.2116 to the December average rate of 0.2096, the exchange rate registered a net change of -0.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2207 was down 1.87% compared to the 2022 peak of 0.2249, 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 5,518 AUD
2022 Average 5,358 AUD
Yearly Trough Low 5,075 AUD
Transaction Impact: A difference of 443.30 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2182
0.2058
JanuMarcMayJulySeptNove

CNY to AUD 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 0.2136, compared to 0.2122 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.2136
H2 Avg (Jul–Dec) 0.2122

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0104 AUD (High: 0.2143 / Low: 0.2039). On the other end, September was the most stable month, with a tight range of 0.0038 AUD (High: 0.2159 / Low: 0.2120).

June Spread (Volatile) ±0.0104
September Spread (Stable) ±0.0038

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 May and June, when the average rate fell by 0.0075 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0075

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.2166) against the same month in 2022 (average: 0.2187), the exchange rate shifted by -0.0021 (-0.96%).

2023 Avg (October) 0.2166
2022 Avg (October) 0.2187

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2152 0.2061 0.2116
February 0.2143 0.2075 0.2122
March 0.2202 0.2139 0.2172
April 0.2189 0.2142 0.2172
May 0.2184 0.2127 0.2155
June 0.2143 0.2039 0.2080
July 0.2111 0.2030 0.2068
August 0.2163 0.2105 0.2132
September 0.2159 0.2120 0.2135
October 0.2207 0.2131 0.2166
November 0.2185 0.2104 0.2135
December 0.2145 0.2043 0.2096