2023 CNY to BND Historical Review

YEARLY HIGH

0.1974 BND

YEARLY LOW

0.1835 BND

YEARLY AVERAGE

0.1899 BND

2023 CNY to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.1974. Conversely, the yearly low was recorded on July 19, dropping to 0.1835.

This high-to-low spread represents a total annual volatility of 0.0139 BND. From a start-to-finish perspective, comparing the January average rate of 0.1954 to the December average rate of 0.1872, the exchange rate registered a net change of -4.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1974 was down 8.72% compared to the 2022 peak of 0.2163, 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 4,935 BND

2022 Average 5,129 BND

Yearly Trough Low 4,588 BND

Transaction Impact: A difference of 347.09 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1964

0.1847

JanuMarcMayJulySeptNove

CNY to BND 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 0.1929, compared to 0.1869 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 0.1929

H2 Avg (Jul–Dec) 0.1869

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0048 BND (High: 0.1911 / Low: 0.1863). On the other end, February was the most stable month, with a tight range of 0.0019 BND (High: 0.1953 / Low: 0.1934).

October Spread (Volatile) ±0.0048

February Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between July and October, 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 0.0035 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1954) against the same month in 2022 (average: 0.2125), the exchange rate shifted by -0.0171 (-8.05%).

2023 Avg (January) 0.1954

2022 Avg (January) 0.2125

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1974	0.1935	0.1954
February	0.1953	0.1934	0.1946
March	0.1970	0.1923	0.1944
April	0.1942	0.1909	0.1932
May	0.1931	0.1905	0.1916
June	0.1907	0.1864	0.1881
July	0.1872	0.1835	0.1857
August	0.1892	0.1858	0.1865
September	0.1882	0.1858	0.1868
October	0.1911	0.1863	0.1882
November	0.1890	0.1856	0.1872
December	0.1892	0.1851	0.1872