2023 CVE to DJF Historical Review

YEARLY HIGH

1.8150 DJF

YEARLY LOW

1.6826 DJF

YEARLY AVERAGE

1.7423 DJF

2023 CVE to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 1.8150. Conversely, the yearly low was recorded on November 4, dropping to 1.6826.

This high-to-low spread represents a total annual volatility of 0.1324 DJF. From a start-to-finish perspective, comparing the January average rate of 1.7346 to the December average rate of 1.7605, the exchange rate registered a net change of 1.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.8150 was down 1.61% compared to the 2022 peak of 1.8447, 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 9,075 DJF

2022 Average 8,486 DJF

Yearly Trough Low 8,413 DJF

Transaction Impact: A difference of 662.14 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.7877

1.6946

JanuMarcMayJulySeptNove

CVE to DJF 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 1.7406, compared to 1.7440 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 1.7406

H2 Avg (Jul–Dec) 1.7440

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0927 DJF (High: 1.7753 / Low: 1.6826). On the other end, October was the most stable month, with a tight range of 0.0271 DJF (High: 1.7137 / Low: 1.6866).

November Spread (Volatile) ±0.0927

October Spread (Stable) ±0.0271

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 0.0358 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0358

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1.7799) against the same month in 2022 (average: 1.6545), the exchange rate shifted by +0.1255 (+7.58%).

2023 Avg (July) 1.7799

2022 Avg (July) 1.6545

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7564	1.6928	1.7346
February	1.7646	1.7030	1.7270
March	1.7561	1.7028	1.7238
April	1.7858	1.7425	1.7640
May	1.7750	1.7215	1.7496
June	1.7673	1.7037	1.7444
July	1.8150	1.7376	1.7799
August	1.7785	1.7428	1.7596
September	1.7491	1.7006	1.7238
October	1.7137	1.6866	1.7023
November	1.7753	1.6826	1.7377
December	1.7892	1.7186	1.7605