2023 CRC to CNY Historical Review

YEARLY HIGH

0.0138 CNY

YEARLY LOW

0.0115 CNY

YEARLY AVERAGE

0.0131 CNY

2023 CRC to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 0.0138. Conversely, the yearly low was recorded on January 9, dropping to 0.0115.

This high-to-low spread represents a total annual volatility of 0.0023 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0118 to the December average rate of 0.0136, the exchange rate registered a net change of 14.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0138 was up 14.97% compared to the 2022 peak of 0.0120, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CRC based on timing:

Yearly Peak High 69 CNY

2022 Average 52 CNY

Yearly Trough Low 57 CNY

Transaction Impact: A difference of 11.62 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0139

0.0116

JanuMarcMayJulySeptNove

CRC to CNY 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 0.0126, compared to 0.0135 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0126

H2 Avg (Jul–Dec) 0.0135

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0008 CNY (High: 0.0125 / Low: 0.0117). On the other end, June was the most stable month, with a tight range of 0.0003 CNY (High: 0.0134 / Low: 0.0131).

February Spread (Volatile) ±0.0008

June Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0001 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0137) against the same month in 2022 (average: 0.0115), the exchange rate shifted by +0.0021 (+18.62%).

2023 Avg (October) 0.0137

2022 Avg (October) 0.0115

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0122	0.0115	0.0118
February	0.0125	0.0117	0.0121
March	0.0129	0.0123	0.0126
April	0.0130	0.0127	0.0129
May	0.0132	0.0127	0.0130
June	0.0134	0.0131	0.0132
July	0.0135	0.0131	0.0133
August	0.0137	0.0132	0.0135
September	0.0138	0.0135	0.0136
October	0.0138	0.0134	0.0137
November	0.0138	0.0134	0.0136
December	0.0137	0.0134	0.0136