2023 CNY to BOB Historical Review

YEARLY HIGH

1.0310 BOB

YEARLY LOW

0.9409 BOB

YEARLY AVERAGE

0.9773 BOB

2023 CNY to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 1.0310. Conversely, the yearly low was recorded on September 9, dropping to 0.9409.

This high-to-low spread represents a total annual volatility of 0.0901 BOB. From a start-to-finish perspective, comparing the January average rate of 1.0175 to the December average rate of 0.9718, the exchange rate registered a net change of -4.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.0310 was down 5.71% compared to the 2022 peak of 1.0934, 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 25,774 BOB

2022 Average 25,653 BOB

Yearly Trough Low 23,522 BOB

Transaction Impact: A difference of 2,252.38 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.0245

0.9403

JanuMarcMayJulySeptNove

CNY to BOB 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 0.9976, compared to 0.9569 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0407 points.

H1 Avg (Jan–Jun) 0.9976

H2 Avg (Jul–Dec) 0.9569

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0366 BOB (High: 1.0294 / Low: 0.9928). On the other end, September was the most stable month, with a tight range of 0.0121 BOB (High: 0.9529 / Low: 0.9409).

February Spread (Volatile) ±0.0366

September Spread (Stable) ±0.0121

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 0.0227 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0227

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.0175) against the same month in 2022 (average: 1.0840), the exchange rate shifted by -0.0665 (-6.14%).

2023 Avg (January) 1.0175

2022 Avg (January) 1.0840

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0310	0.9993	1.0175
February	1.0294	0.9928	1.0099
March	1.0128	0.9893	1.0011
April	1.0089	0.9965	1.0032
May	1.0005	0.9712	0.9884
June	0.9790	0.9526	0.9657
July	0.9766	0.9467	0.9606
August	0.9640	0.9464	0.9545
September	0.9529	0.9409	0.9473
October	0.9653	0.9422	0.9492
November	0.9761	0.9429	0.9580
December	0.9812	0.9628	0.9718