2023 CNY to XCD Historical Review

YEARLY HIGH

0.4032 XCD

YEARLY LOW

0.3680 XCD

YEARLY AVERAGE

0.3823 XCD

2023 CNY to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.4032. Conversely, the yearly low was recorded on September 9, dropping to 0.3680.

This high-to-low spread represents a total annual volatility of 0.0351 XCD. From a start-to-finish perspective, comparing the January average rate of 0.3979 to the December average rate of 0.3797, 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 0.4032 was down 5.87% compared to the 2022 peak of 0.4283, 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 10,080 XCD

2022 Average 10,059 XCD

Yearly Trough Low 9,201 XCD

Transaction Impact: A difference of 878.67 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4007

0.3678

JanuMarcMayJulySeptNove

CNY to XCD 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 0.3903, compared to 0.3744 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0159 points.

H1 Avg (Jan–Jun) 0.3903

H2 Avg (Jul–Dec) 0.3744

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0129 XCD (High: 0.4014 / Low: 0.3885). On the other end, April was the most stable month, with a tight range of 0.0036 XCD (High: 0.3935 / Low: 0.3898).

February Spread (Volatile) ±0.0129

April Spread (Stable) ±0.0036

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 0.0090 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0090

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.3979) against the same month in 2022 (average: 0.4252), the exchange rate shifted by -0.0273 (-6.42%).

2023 Avg (January) 0.3979

2022 Avg (January) 0.4252

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4032	0.3908	0.3979
February	0.4014	0.3885	0.3949
March	0.3963	0.3880	0.3921
April	0.3935	0.3898	0.3924
May	0.3913	0.3800	0.3867
June	0.3815	0.3726	0.3778
July	0.3804	0.3726	0.3761
August	0.3785	0.3703	0.3733
September	0.3732	0.3680	0.3706
October	0.3770	0.3693	0.3715
November	0.3821	0.3694	0.3751
December	0.3822	0.3766	0.3797