2023 CNY to YER Historical Review

YEARLY HIGH

37.3420 YER

YEARLY LOW

34.1005 YER

YEARLY AVERAGE

35.4145 YER

2023 CNY to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CNY to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 37.3420. Conversely, the yearly low was recorded on September 9, dropping to 34.1005.

This high-to-low spread represents a total annual volatility of 3.2415 YER. From a start-to-finish perspective, comparing the January average rate of 36.8603 to the December average rate of 35.1528, the exchange rate registered a net change of -4.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 37.3420 was down 5.84% compared to the 2022 peak of 39.6591, 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 933,551 YER

2022 Average 931,469 YER

Yearly Trough Low 852,512 YER

Transaction Impact: A difference of 81,038.60 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

37.1136

34.0741

JanuMarcMayJulySeptNove

CNY to YER 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 36.1540, compared to 34.6750 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4789 points.

H1 Avg (Jan–Jun) 36.1540

H2 Avg (Jul–Dec) 34.6750

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.2032 YER (High: 37.1927 / Low: 35.9895). On the other end, April was the most stable month, with a tight range of 0.3360 YER (High: 36.4474 / Low: 36.1115).

February Spread (Volatile) ±1.2032

April Spread (Stable) ±0.3360

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 0.8303 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.8303

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 36.8603) against the same month in 2022 (average: 39.3768), the exchange rate shifted by -2.5165 (-6.39%).

2023 Avg (January) 36.8603

2022 Avg (January) 39.3768

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	37.3420	36.1962	36.8603
February	37.1927	35.9895	36.5820
March	36.6936	35.9379	36.3149
April	36.4474	36.1115	36.3507
May	36.2402	35.2021	35.8230
June	35.3362	34.5134	34.9928
July	35.2275	34.5134	34.8326
August	35.0576	34.2966	34.5758
September	34.5742	34.1005	34.3274
October	34.9160	34.2010	34.4138
November	35.3876	34.2085	34.7478
December	35.4012	34.8788	35.1528