2023 CRC to CVE Historical Review

YEARLY HIGH

0.1978 CVE

YEARLY LOW

0.1744 CVE

YEARLY AVERAGE

0.1886 CVE

2023 CRC to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.1978. Conversely, the yearly low was recorded on January 2, dropping to 0.1744.

This high-to-low spread represents a total annual volatility of 0.0233 CVE. From a start-to-finish perspective, comparing the January average rate of 0.1784 to the December average rate of 0.1926, the exchange rate registered a net change of 8.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1978 was up 4.59% compared to the 2022 peak of 0.1891, 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 989 CVE

2022 Average 816 CVE

Yearly Trough Low 872 CVE

Transaction Impact: A difference of 116.66 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1982

0.1766

JanuMarcMayJulySeptNove

CRC to CVE 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 0.1860, compared to 0.1912 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0052 points.

H1 Avg (Jan–Jun) 0.1860

H2 Avg (Jul–Dec) 0.1912

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0106 CVE (High: 0.1869 / Low: 0.1763). On the other end, October was the most stable month, with a tight range of 0.0033 CVE (High: 0.1978 / Low: 0.1945).

February Spread (Volatile) ±0.0106

October Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between July and October, 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 June and July, when the average rate fell by 0.0042 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1964) against the same month in 2022 (average: 0.1808), the exchange rate shifted by +0.0156 (+8.65%).

2023 Avg (October) 0.1964

2022 Avg (October) 0.1808

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1843	0.1744	0.1784
February	0.1869	0.1763	0.1824
March	0.1914	0.1853	0.1889
April	0.1894	0.1859	0.1880
May	0.1924	0.1845	0.1892
June	0.1934	0.1863	0.1890
July	0.1872	0.1806	0.1848
August	0.1905	0.1843	0.1879
September	0.1956	0.1886	0.1928
October	0.1978	0.1945	0.1964
November	0.1975	0.1899	0.1928
December	0.1967	0.1910	0.1926