YEARLY HIGH
0.0184 ANG
YEARLY LOW
0.0171 ANG
YEARLY AVERAGE
0.0176 ANG

2023 CVE to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 0.0184. Conversely, the yearly low was recorded on October 6, dropping to 0.0171.

This high-to-low spread represents a total annual volatility of 0.0013 ANG. From a start-to-finish perspective, comparing the January average rate of 0.0176 to the December average rate of 0.0178, the exchange rate registered a net change of 1.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0184 was down 1.52% compared to the 2022 peak of 0.0187, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 92 ANG
2022 Average 86 ANG
Yearly Trough Low 85 ANG
Transaction Impact: A difference of 6.65 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0181
0.0172
JanuMarcMayJulySeptNove

CVE to ANG 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 0.0176, compared to 0.0177 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0176
H2 Avg (Jul–Dec) 0.0177

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0007 ANG (High: 0.0179 / Low: 0.0172). On the other end, October was the most stable month, with a tight range of 0.0003 ANG (High: 0.0174 / Low: 0.0171).

November Spread (Volatile) ±0.0007
October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0180) against the same month in 2022 (average: 0.0168), the exchange rate shifted by +0.0013 (+7.64%).

2023 Avg (July) 0.0180
2022 Avg (July) 0.0168

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0178 0.0172 0.0176
February 0.0179 0.0173 0.0175
March 0.0178 0.0172 0.0175
April 0.0181 0.0177 0.0179
May 0.0180 0.0174 0.0177
June 0.0179 0.0172 0.0177
July 0.0184 0.0177 0.0180
August 0.0180 0.0177 0.0178
September 0.0177 0.0172 0.0174
October 0.0174 0.0171 0.0172
November 0.0179 0.0172 0.0176
December 0.0181 0.0174 0.0178