2023 CNY to CAD Historical Review

YEARLY HIGH

0.2012 CAD

YEARLY LOW

0.1817 CAD

YEARLY AVERAGE

0.1910 CAD

2023 CNY to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.2012. Conversely, the yearly low was recorded on June 26, dropping to 0.1817.

This high-to-low spread represents a total annual volatility of 0.0194 CAD. From a start-to-finish perspective, comparing the January average rate of 0.1976 to the December average rate of 0.1884, the exchange rate registered a net change of -4.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2012 was down 1.40% compared to the 2022 peak of 0.2040, 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 5,029 CAD

2022 Average 4,840 CAD

Yearly Trough Low 4,543 CAD

Transaction Impact: A difference of 485.81 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2002

0.1826

JanuMarcMayJulySeptNove

CNY to CAD 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 0.1948, compared to 0.1872 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0076 points.

H1 Avg (Jan–Jun) 0.1948

H2 Avg (Jul–Dec) 0.1872

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0078 CAD (High: 0.1896 / Low: 0.1817). On the other end, February was the most stable month, with a tight range of 0.0029 CAD (High: 0.1983 / Low: 0.1954).

June Spread (Volatile) ±0.0078

February Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0079 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.1988) against the same month in 2022 (average: 0.1994), the exchange rate shifted by -0.0006 (-0.29%).

2023 Avg (March) 0.1988

2022 Avg (March) 0.1994

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2000	0.1958	0.1976
February	0.1983	0.1954	0.1966
March	0.2012	0.1965	0.1988
April	0.1984	0.1942	0.1963
May	0.1972	0.1908	0.1936
June	0.1896	0.1817	0.1858
July	0.1863	0.1821	0.1841
August	0.1883	0.1849	0.1863
September	0.1882	0.1840	0.1858
October	0.1934	0.1862	0.1885
November	0.1930	0.1873	0.1903
December	0.1910	0.1847	0.1884