2023 CVE to CAD Historical Review

YEARLY HIGH

0.0136 CAD

YEARLY LOW

0.0127 CAD

YEARLY AVERAGE

0.0132 CAD

2023 CVE to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 26, valuing the pair at 0.0136. Conversely, the yearly low was recorded on June 13, dropping to 0.0127.

This high-to-low spread represents a total annual volatility of 0.0009 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0131 to the December average rate of 0.0133, the exchange rate registered a net change of 1.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0136 was up 3.20% compared to the 2022 peak of 0.0132, 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 68 CAD

2022 Average 62 CAD

Yearly Trough Low 64 CAD

Transaction Impact: A difference of 4.61 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0135

0.0130

JanuMarcMayJulySeptNove

CVE to CAD 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 0.0132, compared to 0.0133 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) 0.0132

H2 Avg (Jul–Dec) 0.0133

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0006 CAD (High: 0.0136 / Low: 0.0130). On the other end, August was the most stable month, with a tight range of 0.0003 CAD (High: 0.0134 / Low: 0.0132).

November Spread (Volatile) ±0.0006

August Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between February and April, 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 May and June, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.0134) against the same month in 2022 (average: 0.0124), the exchange rate shifted by +0.0010 (+8.40%).

2023 Avg (April) 0.0134

2022 Avg (April) 0.0124

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0132	0.0128	0.0131
February	0.0133	0.0129	0.0131
March	0.0135	0.0131	0.0133
April	0.0136	0.0132	0.0134
May	0.0136	0.0131	0.0133
June	0.0131	0.0127	0.0130
July	0.0135	0.0131	0.0133
August	0.0134	0.0132	0.0133
September	0.0134	0.0129	0.0131
October	0.0133	0.0130	0.0131
November	0.0136	0.0130	0.0134
December	0.0134	0.0130	0.0133