2023 CNY to DJF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 CNY to DJF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the CNY to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 26.5296. Conversely, the yearly low was recorded on November 3, dropping to 24.1905.
This high-to-low spread represents a total annual volatility of 2.3391 DJF. From a start-to-finish perspective, comparing the January average rate of 26.1733 to the December average rate of 25.0195, the exchange rate registered a net change of -4.41% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 26.5296 was down 6.30% compared to the 2022 peak of 28.3137, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 CNY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
CNY to DJF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 25.6798, compared to 24.6391 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0407 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 0.9897 DJF (High: 25.1802 / Low: 24.1905). On the other end, September was the most stable month, with a tight range of 0.3554 DJF (High: 24.5727 / Low: 24.2173).
Growth Streaks & Declines
TrendsBetween 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 0.5740 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 26.1733) against the same month in 2022 (average: 27.9843), the exchange rate shifted by -1.8110 (-6.47%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 26.5296 | 25.7064 | 26.1733 |
| February | 26.5213 | 25.5640 | 26.0091 |
| March | 26.0749 | 25.4904 | 25.7745 |
| April | 25.9122 | 25.4198 | 25.7933 |
| May | 25.7412 | 25.0095 | 25.4514 |
| June | 25.2263 | 24.4957 | 24.8775 |
| July | 25.0460 | 24.3939 | 24.7224 |
| August | 24.9867 | 24.3730 | 24.5746 |
| September | 24.5727 | 24.2173 | 24.4099 |
| October | 24.8756 | 24.2804 | 24.4503 |
| November | 25.1802 | 24.1905 | 24.6578 |
| December | 25.2820 | 24.7927 | 25.0195 |