YEARLY HIGH
0.0155 AUD
YEARLY LOW
0.0137 AUD
YEARLY AVERAGE
0.0147 AUD

2023 CVE to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 19, valuing the pair at 0.0155. Conversely, the yearly low was recorded on January 27, dropping to 0.0137.

This high-to-low spread represents a total annual volatility of 0.0018 AUD. From a start-to-finish perspective, comparing the January average rate of 0.0140 to the December average rate of 0.0147, the exchange rate registered a net change of 5.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0155 was up 6.67% compared to the 2022 peak of 0.0145, 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 77 AUD
2022 Average 69 AUD
Yearly Trough Low 69 AUD
Transaction Impact: A difference of 8.91 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0154
0.0139
JanuMarcMayJulySeptNove

CVE to AUD 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 0.0145, compared to 0.0150 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0145
H2 Avg (Jul–Dec) 0.0150

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0009 AUD (High: 0.0150 / Low: 0.0141). On the other end, October was the most stable month, with a tight range of 0.0004 AUD (High: 0.0152 / Low: 0.0149).

June Spread (Volatile) ±0.0009
October Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0153) against the same month in 2022 (average: 0.0132), the exchange rate shifted by +0.0021 (+15.90%).

2023 Avg (August) 0.0153
2022 Avg (August) 0.0132

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0144 0.0137 0.0140
February 0.0143 0.0138 0.0141
March 0.0148 0.0142 0.0145
April 0.0151 0.0145 0.0149
May 0.0150 0.0146 0.0148
June 0.0150 0.0141 0.0146
July 0.0151 0.0146 0.0149
August 0.0155 0.0150 0.0153
September 0.0153 0.0149 0.0151
October 0.0152 0.0149 0.0151
November 0.0153 0.0146 0.0150
December 0.0150 0.0144 0.0147