2023 CNY to USD Historical Review

YEARLY HIGH

0.1492 USD

YEARLY LOW

0.1362 USD

YEARLY AVERAGE

0.1415 USD

2023 CNY to USD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to USD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.1492. Conversely, the yearly low was recorded on September 9, dropping to 0.1362.

This high-to-low spread represents a total annual volatility of 0.0130 USD. From a start-to-finish perspective, comparing the January average rate of 0.1472 to the December average rate of 0.1405, the exchange rate registered a net change of -4.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1492 was down 5.87% compared to the 2022 peak of 0.1585, 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 3,730 USD

2022 Average 3,722 USD

Yearly Trough Low 3,405 USD

Transaction Impact: A difference of 325.13 USD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1483

0.1361

JanuMarcMayJulySeptNove

CNY to USD 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 0.1444, compared to 0.1385 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0059 points.

H1 Avg (Jan–Jun) 0.1444

H2 Avg (Jul–Dec) 0.1385

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0048 USD (High: 0.1485 / Low: 0.1438). On the other end, April was the most stable month, with a tight range of 0.0013 USD (High: 0.1456 / Low: 0.1442).

February Spread (Volatile) ±0.0048

April Spread (Stable) ±0.0013

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 0.0033 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1472) against the same month in 2022 (average: 0.1573), the exchange rate shifted by -0.0101 (-6.42%).

2023 Avg (January) 0.1472

2022 Avg (January) 0.1573

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1492	0.1446	0.1472
February	0.1485	0.1438	0.1461
March	0.1466	0.1436	0.1451
April	0.1456	0.1442	0.1452
May	0.1448	0.1406	0.1431
June	0.1411	0.1379	0.1398
July	0.1407	0.1379	0.1392
August	0.1400	0.1370	0.1381
September	0.1381	0.1362	0.1371
October	0.1395	0.1367	0.1375
November	0.1414	0.1367	0.1388
December	0.1414	0.1393	0.1405