2023 CNY to SDG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 CNY to SDG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the CNY to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 87.3515. Conversely, the yearly low was recorded on November 20, dropping to 76.1655.
This high-to-low spread represents a total annual volatility of 11.1860 SDG. From a start-to-finish perspective, comparing the January average rate of 84.9432 to the December average rate of 84.4304, the exchange rate registered a net change of -0.60% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 87.3515 was up 3.04% compared to the 2022 peak of 84.7735, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 CNY based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
CNY to SDG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 85.4669, compared to 83.2134 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2535 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 8.7252 SDG (High: 84.8907 / Low: 76.1655). On the other end, September was the most stable month, with a tight range of 1.1369 SDG (High: 82.9835 / Low: 81.8467).
Growth Streaks & Declines
TrendsBetween 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 May and June, when the average rate fell by 1.8371 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2023: 86.8182) against the same month in 2022 (average: 69.5943), the exchange rate shifted by +17.2238 (+24.75%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 86.8272 | 82.8429 | 84.9432 |
| February | 86.6691 | 84.5289 | 85.5698 |
| March | 86.8428 | 82.6696 | 85.5551 |
| April | 87.3515 | 82.5797 | 86.8182 |
| May | 86.7993 | 84.5074 | 85.8761 |
| June | 84.8295 | 82.9232 | 84.0391 |
| July | 84.6557 | 82.8253 | 83.6397 |
| August | 84.2307 | 82.3502 | 83.0646 |
| September | 82.9835 | 81.8467 | 82.4473 |
| October | 83.8491 | 82.0770 | 82.6083 |
| November | 84.8907 | 76.1655 | 83.0900 |
| December | 84.9854 | 83.7397 | 84.4304 |