2023 CNY to BBD Historical Review

YEARLY HIGH

0.2984 BBD

YEARLY LOW

0.2724 BBD

YEARLY AVERAGE

0.2830 BBD

2023 CNY to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.2984. Conversely, the yearly low was recorded on September 9, dropping to 0.2724.

This high-to-low spread represents a total annual volatility of 0.0260 BBD. From a start-to-finish perspective, comparing the January average rate of 0.2945 to the December average rate of 0.2810, the exchange rate registered a net change of -4.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2984 was down 5.87% compared to the 2022 peak of 0.3170, 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 7,459 BBD

2022 Average 7,444 BBD

Yearly Trough Low 6,809 BBD

Transaction Impact: A difference of 650.25 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2965

0.2722

JanuMarcMayJulySeptNove

CNY to BBD 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 0.2889, compared to 0.2771 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0118 points.

H1 Avg (Jan–Jun) 0.2889

H2 Avg (Jul–Dec) 0.2771

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0096 BBD (High: 0.2971 / Low: 0.2875). On the other end, April was the most stable month, with a tight range of 0.0027 BBD (High: 0.2912 / Low: 0.2885).

February Spread (Volatile) ±0.0096

April Spread (Stable) ±0.0027

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 0.0066 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2945) against the same month in 2022 (average: 0.3147), the exchange rate shifted by -0.0202 (-6.42%).

2023 Avg (January) 0.2945

2022 Avg (January) 0.3147

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2984	0.2892	0.2945
February	0.2971	0.2875	0.2923
March	0.2933	0.2872	0.2902
April	0.2912	0.2885	0.2904
May	0.2896	0.2812	0.2862
June	0.2823	0.2757	0.2796
July	0.2815	0.2757	0.2783
August	0.2801	0.2740	0.2763
September	0.2762	0.2724	0.2742
October	0.2790	0.2733	0.2749
November	0.2827	0.2733	0.2776
December	0.2828	0.2787	0.2810