YEARLY HIGH
2.7884 LSL
YEARLY LOW
2.4503 LSL
YEARLY AVERAGE
2.6098 LSL

2023 CNY to LSL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to LSL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 2.7884. Conversely, the yearly low was recorded on July 27, dropping to 2.4503.

This high-to-low spread represents a total annual volatility of 0.3381 LSL. From a start-to-finish perspective, comparing the January average rate of 2.5186 to the December average rate of 2.6228, the exchange rate registered a net change of 4.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.7884 was up 8.94% compared to the 2022 peak of 2.5595, 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 69,710 LSL
2022 Average 60,732 LSL
Yearly Trough Low 61,258 LSL
Transaction Impact: A difference of 8,451.79 LSL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.7447
2.4981
JanuMarcMayJulySeptNove

CNY to LSL 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 2.6267, compared to 2.5928 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0339 points.

H1 Avg (Jan–Jun) 2.6267
H2 Avg (Jul–Dec) 2.5928

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.2509 LSL (High: 2.7874 / Low: 2.5365). On the other end, September was the most stable month, with a tight range of 0.0740 LSL (High: 2.6374 / Low: 2.5634).

June Spread (Volatile) ±0.2509
September Spread (Stable) ±0.0740

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 May and June, when the average rate fell by 0.1062 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 2.7241) against the same month in 2022 (average: 2.3763), the exchange rate shifted by +0.3479 (+14.64%).

2023 Avg (May) 2.7241
2022 Avg (May) 2.3763

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5812 2.4518 2.5186
February 2.6585 2.5308 2.6159
March 2.7035 2.5957 2.6501
April 2.6794 2.5846 2.6335
May 2.7884 2.6467 2.7241
June 2.7874 2.5365 2.6179
July 2.6263 2.4503 2.5358
August 2.6756 2.5101 2.5969
September 2.6374 2.5634 2.5998
October 2.7000 2.5683 2.6198
November 2.6884 2.5020 2.5819
December 2.6975 2.5645 2.6228