2023 CNY to SCR Historical Review

YEARLY HIGH

2.0928 SCR

YEARLY LOW

1.7419 SCR

YEARLY AVERAGE

1.9020 SCR

2023 CNY to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 2.0928. Conversely, the yearly low was recorded on October 26, dropping to 1.7419.

This high-to-low spread represents a total annual volatility of 0.3509 SCR. From a start-to-finish perspective, comparing the January average rate of 1.9946 to the December average rate of 1.8874, the exchange rate registered a net change of -5.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.0928 was down 11.07% compared to the 2022 peak of 2.3532, 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 52,319 SCR

2022 Average 50,518 SCR

Yearly Trough Low 43,547 SCR

Transaction Impact: A difference of 8,772.17 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.0139

1.7827

JanuMarcMayJulySeptNove

CNY to SCR 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 1.9568, compared to 1.8472 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1096 points.

H1 Avg (Jan–Jun) 1.9568

H2 Avg (Jul–Dec) 1.8472

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.2211 SCR (High: 2.0928 / Low: 1.8716). On the other end, August was the most stable month, with a tight range of 0.0713 SCR (High: 1.8828 / Low: 1.8114).

January Spread (Volatile) ±0.2211

August Spread (Stable) ±0.0713

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 June and July, when the average rate fell by 0.0560 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0560

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.9946) against the same month in 2022 (average: 2.1673), the exchange rate shifted by -0.1727 (-7.97%).

2023 Avg (January) 1.9946

2022 Avg (January) 2.1673

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0928	1.8716	1.9946
February	2.0893	1.8730	1.9816
March	2.0280	1.8874	1.9533
April	2.0412	1.8782	1.9626
May	2.0157	1.8543	1.9323
June	1.9812	1.8097	1.9160
July	1.9746	1.8017	1.8600
August	1.8828	1.8114	1.8472
September	1.8679	1.7469	1.8020
October	1.9265	1.7419	1.8322
November	1.9404	1.7949	1.8544
December	1.9694	1.8058	1.8874