2023 CNY to STD Historical Review

YEARLY HIGH

3405.0919 STD

YEARLY LOW

3034.4273 STD

YEARLY AVERAGE

3196.9853 STD

2023 CNY to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 3405.0919. Conversely, the yearly low was recorded on September 9, dropping to 3034.4273.

This high-to-low spread represents a total annual volatility of 370.6646 STD. From a start-to-finish perspective, comparing the January average rate of 3360.8104 to the December average rate of 3130.2169, the exchange rate registered a net change of -6.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 3405.0919 was down 2.92% compared to the 2022 peak of 3507.6875, 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 85,127,298 STD

2022 Average 82,423,996 STD

Yearly Trough Low 75,860,684 STD

Transaction Impact: A difference of 9,266,613.88 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3391.3575

3024.7922

JanuMarcMayJulySeptNove

CNY to STD 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 3296.3822, compared to 3097.5884 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 198.7938 points.

H1 Avg (Jan–Jun) 3296.3822

H2 Avg (Jul–Dec) 3097.5884

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 109.0207 STD (High: 3390.1211 / Low: 3281.1004). On the other end, April was the most stable month, with a tight range of 30.6273 STD (High: 3322.8498 / Low: 3292.2224).

February Spread (Volatile) ±109.0207

April Spread (Stable) ±30.6273

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 July and August, when the average rate fell by 88.3116 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -88.3116

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 3360.8104) against the same month in 2022 (average: 3327.7981), the exchange rate shifted by +33.0123 (+0.99%).

2023 Avg (January) 3360.8104

2022 Avg (January) 3327.7981

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3405.0919	3300.6017	3360.8104
February	3390.1211	3281.1004	3335.2627
March	3346.6752	3277.0489	3311.3846
April	3322.8498	3292.2224	3314.2213
May	3304.6159	3209.3128	3266.2320
June	3221.5434	3146.5308	3190.3820
July	3198.2947	3116.9024	3166.1574
August	3120.2196	3053.0960	3077.8458
September	3076.5768	3034.4273	3055.3393
October	3108.2065	3045.0849	3063.0731
November	3149.9053	3045.2514	3092.8977
December	3150.7961	3104.6120	3130.2169