2023 CNY to EUR Historical Review

YEARLY HIGH

0.1381 EUR

YEARLY LOW

0.1235 EUR

YEARLY AVERAGE

0.1307 EUR

2023 CNY to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.1381. Conversely, the yearly low was recorded on July 19, dropping to 0.1235.

This high-to-low spread represents a total annual volatility of 0.0146 EUR. From a start-to-finish perspective, comparing the January average rate of 0.1365 to the December average rate of 0.1286, the exchange rate registered a net change of -5.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1381 was down 6.89% compared to the 2022 peak of 0.1483, 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 3,453 EUR

2022 Average 3,533 EUR

Yearly Trough Low 3,087 EUR

Transaction Impact: A difference of 365.44 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1376

0.1248

JanuMarcMayJulySeptNove

CNY to EUR 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 0.1335, compared to 0.1280 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 0.1335

H2 Avg (Jul–Dec) 0.1280

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0057 EUR (High: 0.1320 / Low: 0.1263). On the other end, August was the most stable month, with a tight range of 0.0026 EUR (High: 0.1282 / Low: 0.1256).

June Spread (Volatile) ±0.0057

August Spread (Stable) ±0.0026

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 March and April, when the average rate fell by 0.0033 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1365) against the same month in 2022 (average: 0.1390), the exchange rate shifted by -0.0025 (-1.79%).

2023 Avg (January) 0.1365

2022 Avg (January) 0.1390

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1381	0.1350	0.1365
February	0.1375	0.1347	0.1365
March	0.1368	0.1335	0.1354
April	0.1347	0.1300	0.1321
May	0.1324	0.1291	0.1315
June	0.1320	0.1263	0.1289
July	0.1280	0.1235	0.1258
August	0.1282	0.1256	0.1266
September	0.1302	0.1272	0.1284
October	0.1327	0.1281	0.1301
November	0.1301	0.1267	0.1283
December	0.1305	0.1261	0.1286