2023 CNY to SLL Historical Review

YEARLY HIGH

2965.2281 SLL

YEARLY LOW

2435.3089 SLL

YEARLY AVERAGE

2694.7400 SLL

2023 CNY to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 2965.2281. Conversely, the yearly low was recorded on July 1, dropping to 2435.3089.

This high-to-low spread represents a total annual volatility of 529.9192 SLL. From a start-to-finish perspective, comparing the January average rate of 2601.1540 to the December average rate of 2945.8609, the exchange rate registered a net change of 13.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2965.2281 was up 15.79% compared to the 2022 peak of 2560.9243, 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 74,130,702 SLL

2022 Average 50,782,208 SLL

Yearly Trough Low 60,882,722 SLL

Transaction Impact: A difference of 13,247,980.30 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2993.5222

2421.5870

JanuMarcMayJulySeptNove

CNY to SLL 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 2551.2888, compared to 2838.1912 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 286.9024 points.

H1 Avg (Jan–Jun) 2551.2888

H2 Avg (Jul–Dec) 2838.1912

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 515.9596 SLL (High: 2951.2684 / Low: 2435.3089). On the other end, April was the most stable month, with a tight range of 23.7045 SLL (High: 2571.7738 / Low: 2548.0693).

July Spread (Volatile) ±515.9596

April Spread (Stable) ±23.7045

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 May and June, when the average rate fell by 58.7053 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -58.7053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 2945.8609) against the same month in 2022 (average: 2533.0855), the exchange rate shifted by +412.7754 (+16.30%).

2023 Avg (December) 2945.8609

2022 Avg (December) 2533.0855

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2635.4265	2554.5545	2601.1540
February	2623.8396	2539.4612	2581.3810
March	2590.2139	2536.3255	2562.9001
April	2571.7738	2548.0693	2565.0957
May	2557.6614	2483.9000	2527.9536
June	2493.3661	2435.3089	2469.2483
July	2951.2684	2435.3089	2517.9077
August	2936.4524	2873.2821	2896.5742
September	2895.3800	2855.7129	2875.3933
October	2925.1468	2865.7428	2882.6715
November	2964.3897	2865.8995	2910.7397
December	2965.2281	2921.7640	2945.8609