2023 CNY to PYG Historical Review

YEARLY HIGH

1103.3232 PYG

YEARLY LOW

988.9496 PYG

YEARLY AVERAGE

1030.9588 PYG

2023 CNY to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 1103.3232. Conversely, the yearly low was recorded on September 9, dropping to 988.9496.

This high-to-low spread represents a total annual volatility of 114.3736 PYG. From a start-to-finish perspective, comparing the January average rate of 1086.1753 to the December average rate of 1033.7428, the exchange rate registered a net change of -4.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1103.3232 was down 1.14% compared to the 2022 peak of 1116.1001, 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 27,583,080 PYG

2022 Average 25,968,085 PYG

Yearly Trough Low 24,723,740 PYG

Transaction Impact: A difference of 2,859,340.36 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1095.0336

988.7334

JanuMarcMayJulySeptNove

CNY to PYG 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 1046.5828, compared to 1015.3347 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 31.2482 points.

H1 Avg (Jan–Jun) 1046.5828

H2 Avg (Jul–Dec) 1015.3347

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 43.8315 PYG (High: 1103.3232 / Low: 1059.4917). On the other end, September was the most stable month, with a tight range of 13.7583 PYG (High: 1002.7079 / Low: 988.9496).

January Spread (Volatile) ±43.8315

September Spread (Stable) ±13.7583

Growth Streaks & Declines

Trends

Between 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 February and March, when the average rate fell by 24.1166 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -24.1166

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1086.1753) against the same month in 2022 (average: 1095.8929), the exchange rate shifted by -9.7176 (-0.89%).

2023 Avg (January) 1086.1753

2022 Avg (January) 1095.8929

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1103.3232	1059.4917	1086.1753
February	1089.4949	1049.3226	1066.9877
March	1060.1307	1030.8218	1042.8711
April	1049.8412	1032.9738	1039.4945
May	1046.2150	1014.1735	1030.5340
June	1025.7266	1001.7447	1013.4346
July	1024.2382	995.4505	1010.5992
August	1016.5457	994.3740	1004.5292
September	1002.7079	988.9496	997.5917
October	1037.0356	996.9669	1013.2704
November	1051.2953	1017.5912	1032.2747
December	1052.7950	1022.6185	1033.7428