2023 CNY to SVC Historical Review

YEARLY HIGH

1.3055 SVC

YEARLY LOW

1.1914 SVC

YEARLY AVERAGE

1.2374 SVC

2023 CNY to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 1.3055. Conversely, the yearly low was recorded on September 9, dropping to 1.1914.

This high-to-low spread represents a total annual volatility of 0.1141 SVC. From a start-to-finish perspective, comparing the January average rate of 1.2885 to the December average rate of 1.2305, the exchange rate registered a net change of -4.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.3055 was down 6.19% compared to the 2022 peak of 1.3917, 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 32,639 SVC

2022 Average 32,569 SVC

Yearly Trough Low 29,785 SVC

Transaction Impact: A difference of 2,853.58 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.2973

1.1907

JanuMarcMayJulySeptNove

CNY to SVC 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 1.2631, compared to 1.2116 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0514 points.

H1 Avg (Jan–Jun) 1.2631

H2 Avg (Jul–Dec) 1.2116

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0463 SVC (High: 1.3035 / Low: 1.2572). On the other end, September was the most stable month, with a tight range of 0.0153 SVC (High: 1.2067 / Low: 1.1914).

February Spread (Volatile) ±0.0463

September Spread (Stable) ±0.0153

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 0.0287 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0287

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 1.2885) against the same month in 2022 (average: 1.3765), the exchange rate shifted by -0.0881 (-6.40%).

2023 Avg (January) 1.2885

2022 Avg (January) 1.3765

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3055	1.2653	1.2885
February	1.3035	1.2572	1.2788
March	1.2814	1.2527	1.2676
April	1.2743	1.2492	1.2692
May	1.2665	1.2299	1.2516
June	1.2397	1.2063	1.2229
July	1.2322	1.1988	1.2161
August	1.2209	1.1985	1.2086
September	1.2067	1.1914	1.1995
October	1.2224	1.1931	1.2020
November	1.2361	1.1941	1.2131
December	1.2424	1.2192	1.2305