YEARLY HIGH
0.7139 LYD
YEARLY LOW
0.6555 LYD
YEARLY AVERAGE
0.6803 LYD

2023 CNY to LYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.7139. Conversely, the yearly low was recorded on July 19, dropping to 0.6555.

This high-to-low spread represents a total annual volatility of 0.0584 LYD. From a start-to-finish perspective, comparing the January average rate of 0.7040 to the December average rate of 0.6754, the exchange rate registered a net change of -4.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7139 was down 4.06% compared to the 2022 peak of 0.7441, 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 17,846 LYD
2022 Average 17,864 LYD
Yearly Trough Low 16,387 LYD
Transaction Impact: A difference of 1,459.29 LYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7081
0.6596
JanuMarcMayJulySeptNove

CNY to LYD 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 0.6917, compared to 0.6689 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0228 points.

H1 Avg (Jan–Jun) 0.6917
H2 Avg (Jul–Dec) 0.6689

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0226 LYD (High: 0.6842 / Low: 0.6616). On the other end, August was the most stable month, with a tight range of 0.0109 LYD (High: 0.6709 / Low: 0.6600).

June Spread (Volatile) ±0.0226
August Spread (Stable) ±0.0109

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0113 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0113

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.7040) against the same month in 2022 (average: 0.7221), the exchange rate shifted by -0.0181 (-2.50%).

2023 Avg (January) 0.7040
2022 Avg (January) 0.7221

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7139 0.6949 0.7040
February 0.7068 0.6929 0.7006
March 0.7066 0.6904 0.6972
April 0.6959 0.6819 0.6914
May 0.6906 0.6781 0.6843
June 0.6842 0.6616 0.6730
July 0.6718 0.6555 0.6636
August 0.6709 0.6600 0.6642
September 0.6716 0.6605 0.6653
October 0.6825 0.6665 0.6724
November 0.6796 0.6656 0.6726
December 0.6817 0.6697 0.6754