2023 CNY to SOS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 CNY to SOS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the CNY to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 84.8128. Conversely, the yearly low was recorded on September 9, dropping to 77.5569.
This high-to-low spread represents a total annual volatility of 7.2559 SOS. From a start-to-finish perspective, comparing the January average rate of 83.7401 to the December average rate of 80.3200, the exchange rate registered a net change of -4.08% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 84.8128 was down 8.57% compared to the 2022 peak of 92.7641, 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 SOS 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 82.0993, compared to 78.9897 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.1096 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was November, with a trading range of 3.1421 SOS (High: 80.7911 / Low: 77.6490). On the other end, September was the most stable month, with a tight range of 1.0593 SOS (High: 78.6161 / Low: 77.5569).
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 1.8724 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 83.7401) against the same month in 2022 (average: 91.5275), the exchange rate shifted by -7.7874 (-8.51%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 84.8128 | 82.2105 | 83.7401 |
| February | 84.6874 | 81.6746 | 83.0989 |
| March | 83.2698 | 81.3900 | 82.4069 |
| April | 82.7655 | 81.5944 | 82.4900 |
| May | 82.4096 | 79.9059 | 81.3661 |
| June | 80.5435 | 78.3738 | 79.4937 |
| July | 80.1216 | 78.0229 | 79.1421 |
| August | 79.4969 | 77.9878 | 78.6255 |
| September | 78.6161 | 77.5569 | 78.1764 |
| October | 79.6568 | 77.9502 | 78.4793 |
| November | 80.7911 | 77.6490 | 79.1949 |
| December | 81.1578 | 79.6290 | 80.3200 |