YEARLY HIGH
0.1113 XDR
YEARLY LOW
0.1022 XDR
YEARLY AVERAGE
0.1060 XDR

2023 CNY to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.1113. Conversely, the yearly low was recorded on July 19, dropping to 0.1022.

This high-to-low spread represents a total annual volatility of 0.0091 XDR. From a start-to-finish perspective, comparing the January average rate of 0.1096 to the December average rate of 0.1053, the exchange rate registered a net change of -3.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1113 was down 2.30% compared to the 2022 peak of 0.1139, 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 2,783 XDR
2022 Average 2,714 XDR
Yearly Trough Low 2,555 XDR
Transaction Impact: A difference of 228.06 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1102
0.1029
JanuMarcMayJulySeptNove

CNY to XDR 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 0.1077, compared to 0.1043 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.1077
H2 Avg (Jul–Dec) 0.1043

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0032 XDR (High: 0.1064 / Low: 0.1032). On the other end, May was the most stable month, with a tight range of 0.0020 XDR (High: 0.1076 / Low: 0.1056).

June Spread (Volatile) ±0.0032
May Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0017 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1096) against the same month in 2022 (average: 0.1121), the exchange rate shifted by -0.0025 (-2.27%).

2023 Avg (January) 0.1096
2022 Avg (January) 0.1121

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1113 0.1083 0.1096
February 0.1100 0.1080 0.1091
March 0.1102 0.1079 0.1087
April 0.1083 0.1057 0.1076
May 0.1076 0.1056 0.1064
June 0.1064 0.1032 0.1047
July 0.1049 0.1022 0.1036
August 0.1047 0.1027 0.1035
September 0.1048 0.1024 0.1037
October 0.1065 0.1037 0.1047
November 0.1061 0.1040 0.1050
December 0.1069 0.1043 0.1053