YEARLY HIGH
2266.8760 LBP
YEARLY LOW
219.1942 LBP
YEARLY AVERAGE
1935.4664 LBP

2023 CNY to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 2266.8760. Conversely, the yearly low was recorded on January 2, dropping to 219.1942.

This high-to-low spread represents a total annual volatility of 2047.6818 LBP. From a start-to-finish perspective, comparing the January average rate of 223.2110 to the December average rate of 2114.3218, the exchange rate registered a net change of 847.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2266.8760 was up 842.55% compared to the 2022 peak of 240.5052, 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 56,671,900 LBP
2022 Average 5,641,016 LBP
Yearly Trough Low 5,479,856 LBP
Transaction Impact: A difference of 51,192,044.33 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2388.9077
26.3294
JanuMarcMayJulySeptNove

CNY to LBP 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 1787.1469, compared to 2083.7858 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 296.6389 points.

H1 Avg (Jan–Jun) 1787.1469
H2 Avg (Jul–Dec) 2083.7858

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 2044.2024 LBP (High: 2266.8760 / Low: 222.6736). On the other end, January was the most stable month, with a tight range of 6.8104 LBP (High: 226.0046 / Low: 219.1942).

February Spread (Volatile) ±2044.2024
January Spread (Stable) ±6.8104

Growth Streaks & Declines

Trends

Between January and April, 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 45.0039 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -45.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1847.8149) against the same month in 2022 (average: 238.7344), the exchange rate shifted by +1609.0804 (+674.00%).

2023 Avg (February) 1847.8149
2022 Avg (February) 238.7344

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 226.0046 219.1942 223.2110
February 2266.8760 222.6736 1847.8149
March 2208.8739 2148.8928 2187.1261
April 2220.6617 2153.3344 2192.0262
May 2210.8967 2121.6395 2158.8537
June 2146.2818 2069.9013 2113.8498
July 2128.4617 2056.3842 2096.4036
August 2130.5034 2058.3655 2080.1770
September 2086.7558 2048.6275 2064.1588
October 2098.9408 2049.3135 2064.8203
November 2122.9694 2042.0072 2082.8336
December 2134.1514 2094.2104 2114.3218