2023 CVE to EUR Historical Review

YEARLY HIGH

0.0092 EUR

YEARLY LOW

0.0088 EUR

YEARLY AVERAGE

0.0091 EUR

2023 CVE to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CVE to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0092. Conversely, the yearly low was recorded on December 14, dropping to 0.0088.

This high-to-low spread represents a total annual volatility of 0.0004 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0090 to the December average rate of 0.0090, the exchange rate registered a net change of 0.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0092 was down 4.06% compared to the 2022 peak of 0.0096, 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 46 EUR

2022 Average 45 EUR

Yearly Trough Low 44 EUR

Transaction Impact: A difference of 1.90 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0091

0.0090

JanuMarcMayJulySeptNove

CVE to EUR 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 0.0090, compared to 0.0091 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) 0.0090

H2 Avg (Jul–Dec) 0.0091

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0003 EUR (High: 0.0091 / Low: 0.0088). On the other end, August was the most stable month, with a tight range of 0.0001 EUR (High: 0.0091 / Low: 0.0090).

December Spread (Volatile) ±0.0003

August Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0090) against the same month in 2022 (average: 0.0090), the exchange rate shifted by +0.0000 (+0.05%).

2023 Avg (January) 0.0090

2022 Avg (January) 0.0090

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0092	0.0089	0.0090
February	0.0092	0.0090	0.0091
March	0.0092	0.0090	0.0091
April	0.0091	0.0089	0.0090
May	0.0091	0.0089	0.0090
June	0.0091	0.0088	0.0090
July	0.0092	0.0089	0.0091
August	0.0091	0.0090	0.0091
September	0.0092	0.0090	0.0091
October	0.0091	0.0090	0.0091
November	0.0091	0.0089	0.0090
December	0.0091	0.0088	0.0090